Corporación América Airports is declared 'Preferred Bidder' to operate Abuja and Kano airports, in Nigeria

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Oct 27, 2022

Corporación América Airports S.A. (NYSE: CAAP), (the “Company”) a leading private sector airport concession operator in the world, today announced that the consortium formed by Corporación América Airports, Mota-Engil, Engenharia e Construção África S.A., and Mota-Engil Nigeria Limited (the “Consortium”), of which the Company will hold a 51% stake, has been declared by the Federal Government of Nigeria as the preferred bidder for the Abuja and Kano airports and cargo terminals concessions, with combined scores (Technical and Financial Bid) of 87.69% and 82.57%, respectively. This step initiates the process during which the Consortium and the Federal Ministry of Aviation and the Federal Airports Authority will together revise and negotiate the final terms and conditions of the concession agreements.