VINCI takes over the Cape Verde airport concession

Avatar photo

VINCI Airports is committed to a forty-year concession, in partnership with its Portuguese subsidiary (ANA – Aeroportos de Portugal), which will hold 30% of the concession company.

After lifting the conditions precedent provided for in the concession contract signed in July 2022 with the government of Cape Verde, VINCI Airports finalized on July 24 the financial closure of the acquisition of the country’s seven airports. Within this framework, VINCI Airports has taken out financing of €60 million, with a maturity of 20 years, provided by three development banks: the World Bank-IFC, Proparco (France) and DEG (Germany).

40 year concession

The closing of this financing marks a major step for Cape Verde airports, whose operations VINCI Airports is now taking over. VINCI Airports will be responsible for the financing, operation, maintenance, extension and modernization of these platforms for the next 40 years, alongside its Portuguese subsidiary (ANA – Aeroportos de Portugal), which will hold 30% of the concession company.

2.2 million passengers in 2022

With 2.2 million passengers welcomed in 2022, i.e. approximately 80% of its 2019 traffic level, Cape Verde has solid development potential. VINCI Airports will work to open new routes by promoting the tourist qualities of the archipelago, in particular the development of hotels, the wealth of sporting and natural activities and the sunny winter climate. In order of attendance, the airports of the archipelago are: Amilcar Cabral International Airport (in Espargos, on the island of Sal), Nelson Mandela International Airport (in Praia, on the island of Santiago), Rabil Airport (in Rabil, on the island of Boa Vista), Cesaria Evora International Airport (in São Pedro, on the island of São Vicente), São Filipe Aerodrome (in São Filipe, on the island of Fogo), Aerodrome de Preguiça airfield (in Preguiça, on the island of São Nicolau), Maio airfield (in Vila de Maio, on the island of Maio).

John Walker Avatar