NOTE 152/08 ISSUED BY ORSNA AND FINAL MEMORANDUM AGREEMENT BY AND BETWEEN AEROPUERTOS ARGENTINA S.A. AND THE ARGENTINE GOVERNMENT

 

Exhibit 10.2(b)

[Translation for information purposes only]

 

 

 

 

NOTE 152/08 ISSUED BY ORSNA AND FINAL MEMORANDUM AGREEMENT BY AND
BETWEEN AEROPUERTOS ARGENTINA S.A. AND THE ARGENTINE GOVERNMENT

 

 

 

“2008 - Year of Science Teaching”

 

ORSNA – Organismo Regulador del Sistema Nacional de Aeropuertos (National Airport System Regulating Institution)

 

ORSNA NOTE N° 152 – 08

REF: AA2000-DIR-088/08

BUENOS AIRES, FEBRUARY 12^th, 2008

 

To the President of

AEROPUERTOS ARGENTINA 2000 S.A.

▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇

PRESENT

 

I am pleased to write to you in response to the query made through Note AA2000-DIR-088/08 in order to inform you that within the framework of the provisions of the Concession Contract, the ORSNA must perform a yearly analysis of the financial projections of the Concession, based on the data as of January 1^st, 2006, taking into account projected income, operation costs and investment obligations, among other items. In compliance with the Income and Expenses Financial Projection of the Concession, the ORSNA is entitled to make adjustments to the specific allocation of incomes, aeronautical service charges and/or the company’s investment obligations, in order to preserve the Economic-Financial balance of the Concession Contract. For such purpose, it shall use the following parameters, which were previously established in the Contract Renegotiation between the UNIREN and the company AA2000 S.A., and which were ratified by decree N° 1799/07.

 

A) From the analysis of the aforementioned documentation of the Contract Renegotiation between the National State (UNIREN) and Aeropuertos Argentina 2000 S.A., based on the polynomial formulas used and weighting thereof, in the case of restated Incomes and Expenses for the period 1998-2005 the amount of (-) $857.693 millions was reached, at values corresponding to December 31^st, 2005, equivalent to an initial disbursement of the company.

 

B) The Income and Expenses Financial Projection, which is included in Annex V of the Memorandum of Agreement, establishes a Net Flow of Funds for each year (2006-2028), at values corresponding to December 31^st, 2005, as described below:

 

Year		Net Flow of Funds (in thousands of pesos)
2006			67,007
2007			92,709
2008			81,050
2009			30,672
2010			31,614
2011			138,883
2012			198,990
2013			228,696
2014			210,184
2015			211,220
2016			260,170
2017			307,013
2018			309,988
2019			320,638
2020			282,518
2021			315,935
2022			348,995
2023			363,252
2024			380,852
2025			394,789
2026			417,704
2027			440,562
2028			23,783
Total for the Period			5,457,222

 

 

Also, in order to preserve the contractual economic-financial balance as is established in the Memorandum of Agreement, the Concession Contract provides for an annual review, which will permit to correct any deviation that may occur between the considered variables.

 

Yours faithfully,

 

[There appears and illegible signature, followed by a partially illegible seal corresponding to the PRESIDENT of the ORSNA]

 

[Below, there appears a seal that reads:]

Signature: [there appears an illegible signature

Clarification: ▇▇▇ ▇▇▇ De Oto

Date: February 13th, 2008

Time: 5.10 p.m.

 

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Decree 1799/2007

 

The contract renegotiation Memorandum of Agreement signed between the Public Service Contract Analysis and Renegotiation Unit and Aeropuertos Argentina 2000 S.A. is hereby ratified.

 

Bs. As., December 4^th, 2007

 

File N° S01:0052536/2004 of the Registry of the MINISTRY OF ECONOMY AND PRODUCTION, its non consolidated additional case file N° S01:0314363/2006 of the same Registry, and Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204, Decree N° 311 dated on July 3, 2003, Joint Resolution N° 188 of the MINISTRY OF ECONOMY AND PRODUCTION and N° 44 of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES dated on August 6^th, 2003, Joint Resolution N°728 of the MINISTRY OF ECONOMY AND PRODUCTION and N° 1584 of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES dated on September 12^th, 2006, Resolutions of the HONORABLE SENATE OF THE NATION (CD-2/07) and the HONORABLE CHAMBER OF DEPUTIES OF THE NATION (OD 1996), both dated on February 13^th, 2007, having been reviewed, AND

 

WHEREAS:

 

Law N° 25,561 declared public emergency in social, economic, administrative, financial and exchange matters, delegating to the NATIONAL EXECUTIVE POWER the powers to enact measures aimed at solving the critical situation.

 

That the aforementioned rule provided for the end of the convertibility regime that established a fixed Peso-US Dollar parity, and authorized the NATIONAL EXECUTIVE POWER to renegotiate the concessionned public works and services contracts, which were in a critical situation due to the end of said convertibility regime, making those contracts that used said regime as an adjustment mechanism, which was thus left without effect, lose their reference point.

 

That said law established certain criteria to be followed within the frame of the renegotiation process, such as the tariff impact on the economy competitiveness and on the income distribution; the service quality and investment plans, when they are contemplated in contracts; the users’ interest and the service availability; security of the systems involved; and company profitability.

 

 

That the provisions in Law N° 25,561 have been later ratified and extended through the passing of Laws N° 25,790, 25,820, 25,972, 26,077 and 26,204, as well as through different regulatory and complementary rules.

 

That, in order to comply with the precepts of the HONORABLE CONGRESS OF THE NATION, the contract renegotiation process has been developed up to the present with Licensee Companies of public works and services.

 

That, in the course of said process, carried out pursuant to the criteria established in Section 9 of Law 25,561, the NATIONAL STATE shall make sure that the public service availability, safety and quality conditions are kept.

 

That the aforementioned process involves the company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, a concessionaire of the EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF AIRPORTS, pursuant to the concession that was granted by means of Decree N 163, dated on February 11^th, 1998.

 

That the contract renegotiation is regulated by Decree N° 311, dated on July 3^rd, 2003 and Joint Resolution N° 188 of the MINISTRY OF ECONOMY AND PRODUCTION and N° 44 of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES dated on August 6^th, 2003.

 

That, in order to carry out the renegotiation with the Service Provider Companies, Decree N° 311/03 provided for the creation of the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT (“UNIREN”) within the scope of the MINISTRIES OF ECONOMY AND PRODUCTION AND OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES.

 

That the abovementioned Unit has been assigned the missions, among others, to carry out the renegotiation process of the Public Services and Works Contracts, to sign full or partial agreements with licensee companies of public services “ad referendum” of the NATIONAL EXECUTIVE POWER, to bring forward ruling projects related to possible temporary price or tariff adjustments and/or segmentations thereof, and to contractual clauses related to public services, as well as the mission to make any recommendation concerning public services and works contracts and the operation of such services.

 

That, in relation to the concession granted to the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ANONIMA, the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT has analyzed the contractual situation and taken the necessary steps to achieve a contractual renegotiation understanding.

 

 

That, within the frame of the aforementioned renegotiation process, a Letter of Understanding was signed on July 20^th, 2005 between said Unit and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ANONIMA, which established the GUIDELINESS for the renegotiation of the CONCESSION CONTRACT for the EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL SYSTEM OF AIRPORTS, based on the guidelines set by the TRANSPORTATION DEPARTMENT of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, as a member of the SECTORIAL COMMITTEE of the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT.

 

That, by virtue of the established guidelines and as a result of the negotiations that were carried out, said Unit and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ signed a LETTER OF UNDERSTANDING on June 16^th, 2006 -which was replaced by a new LETTER OF UNDERSTANDING signed on August 23^rd, 2006 - that included the points of agreement on the contract adjustment.

 

That this last instrument established the terms and conditions of the contract renegotiation agreement to be entered into by the LICENSOR and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

 

That the LETTER OF UNDERSTANDING was submitted to a PUBLIC HEARING process called by Joint Resolution N° 728 of the MINISTRY OF ECONOMY AND PRODUCTION and N° 1584 of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES dated on September 12^th, 2006.

 

That the PUBLIC HEARING permitted users and consumers, as well as different social sectors and players, to participate and express their opinion; and these elements of judgment were added by the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT to the renegotiation analysis.

 

That as a result, said Unit deemed convenient to modify aspects of the understanding that had been achieved before, as was stated in the PUBLIC HEARING Assessment Report attached with the proceedings and published in the Internet page of the abovementioned Unit.

 

 

That the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ found points of coincidence as regards the proposed modifications after the PUBLIC HEARING had been held.

 

That said agreement was reflected on a MEMORANDUM OF AGREEMENT proposal which, pursuant to the provisions of Decree N° 311/03, was signed by the Authorities of the abovementioned Unit and the representatives of the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ANONIMA, after complying with the usual procedures and “ad referendum” of the NATIONAL EXECUTIVE POWER.

 

That said MEMORANDUM OF AGREEMENT includes the complete renegotiation of the CONCESSION CONTRACT for the EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL SYSTEM OF AIRPORTS, aimed at preserving the continuity and quality of the service rendered.

 

That the NATIONAL TREASURY has issued its ruling, pursuant to the provisions of Section 8 of Decree N° 311/03, which included remarks aimed at achieving a better effectiveness of the MEMORANDUM OF AGREEMENT, and did not contain any objection to the terms and conditions thereof.

 

That the ARGENTINE GENERAL ACCOUNTING OFFICE, decentralized entity within the scope of the PRESIDENCY OF THE NATION, has taken proper action in accordance with the provisions of Section 14 of Joint Resolution N° 188/03 of the MINISTRY OF ECONOMY AND PRODUCTION and N° 44/03 of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, and stated that no objections were raised as regards the procedure that had been carried out.

 

That, in compliance with the applicable regulations, the intervention of the HONORABLE CONGRESS OF THE NATION was requested in order to consider the MEMORANDUM OF AGREEMENT.

 

That the AGREEMENT proposal has been approved by the HONORABLE CONGRESS OF THE NATION, by Resolutions of the HONORABLE SENATE OF THE NATION (CD-2/07) and the HONORABLE CHAMBER OF DEPUTIES OF THE NATION (OD 1996), both dated on February 13^th, 2007.

 

That the final MEMORANDUM OF AGREEMENT was signed on April 3rd, 2007, adding the proposed adjustments by the NATIONAL TREASURY and the recommendations of the HONORABLE CONGRESS OF THE NATION that were deemed feasible within the framework of the agreement achieved.

 

 

That, once the requirements set in the applicable standards to the renegotiation process had been complied with, the Authorities of the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT and the legal representative of the Concessionaire Company signed the MEMORANDUM OF AGREEMENT that formalizes the contractual renegotiation, ad referendum of the NATIONAL EXECUTIVE POWER.

 

That said AGREEMENT adds the proposed adjustments by the NATIONAL TREASURY and the recommendations of the HONORABLE CONGRESS OF THE NATION that were deemed feasible within the framework of the agreement achieved.

 

That the requirements set in the applicable regulations have been complied with, which permits to start the ratification process of the agreements, which shall be carried out by the NATIONAL EXECUTIVE POWER.

 

That, in such sense, the assessment performed by the NATIONAL EXECUTIVE POWER merits the decision to ratify the MEMORANDUM OF AGREEMENT for the contract renegotiation subscribed by the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

 

That, due to the change of the head of the Ministry of Economy and Production through decree N° 910, dated on July 16^th, of the current year, it has become necessary to permit his intervention in these proceedings. Nevertheless - and for the purposes of avoiding delays that could affect the present proceeding - a decision has been made to preserve the integrity of the text of the MEMORANDUM OF AGREEMENT duly subscribed by the outgoing Minister.

 

That the NATIONAL OFFICE OF LEGAL AFFAIRS of the MINISTRY OF ECONOMY AND PRODUCTION has taken proper action in accordance with the provisions of Section 9 of Decree N° 1142, dated on November 26^th, 2003.

 

That the current measure is issued in exercise of the powers granted by Section 99, subsection 1 of the NATIONAL CONSTITUTION, and pursuant to the provisions of Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204.

 

Therefore,

 

 

THE PRESIDENT OF THE ARGENTINEAN NATION

 

HEREBY DECREES:

 

Article 1° - The MEMORANDUM OF AGREEMENT for the contract renegotiation signed by the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ on April 3^rd, 2007, which is an integral part of the present measure attached as Annex I herewith, is hereby ratified.

 

Article 2° — It is ordered that notice be given to the BICAMERAL COMMITTEE of the HONORABLE CONGRESS OF THE NATION created FOR THE FOLLOW UP OF THESE MATTERS, pursuant to the provisions of Section 20 of Law N° 25,561.

 

Article 3° — It is ordered that notice be given to, timely publication be made and this is forwarded to the National Directorate of Official Records and closed ▇▇▇▇▇▇▇▇. — ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇. — ▇▇▇▇▇ ▇. ▇▇ ▇▇▇▇. — ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇.

 

  

MEMORANDUM OF AGREEMENT

 

LICENSE CONTRACT ADJUSTMENT

 

In Buenos Aires on April 3, 2007, within the framework of the process for the renegotiation of public service contracts established by Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204 and its supplementary rule Decree N° 311/03, the MINISTER OF ECONOMY AND PRODUCTION, Licentiate ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, and the MINISTER OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, Architect ▇▇▇▇▇ ▇▇ ▇▇▇▇, as Presidents of the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT (“Unidad de Renegotiatión y Análisis de Contratos de Servicios Públicos”- Uniren), on the one hand, and the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, on the other hand, represented by ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, according to what is shown by the documentation attached in file CUDAP EXP-S01: 0052536/2004 pending, are present in order to sign this instrument, “ad referéndum” approval of what is herein agreed by the NATIONAL EXECUTIVE POWER.

 

The parties state having reached an agreement on the renegotiation of the LICENSE CONTRACT FOR THE EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL AIRPORT SYSTEM, established by this MEMORANDUM OF AGREEMENT pursuant the following considerations and terms.

 

FIRST PART

 

BACKGROUND AND CONSIDERATIONS

 

The NATIONAL EXECUTIVE POWER, by means of the Administrative Decision N° 60 dated January 23, 1998, awarded the Consortium “AEROPUERTOS ARGENTINA 2000” the license for the administration, exploitation and operation of the group of airports that are part of the National Airport System which was called by Decree N° 375 of April 24, 1997.

 

Later, by means of Decree N° 163 of February 13, 1998, the corresponding License Contract was approved. Said License Contract was signed on February 9, 1998 between the NATIONAL STATE and the Consortium ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 2000 SOCIEDAD ANÓNIMA at present.

 

 

Due to the severe crisis that affected the country at the end of 2001, the NATIONAL CONGRESS issued Law N° 25,561, which declared public emergency in social, economic, administrative, financial and exchange matters until December 10, 2003, delegating on the NATIONAL EXECUTIVE POWER the necessary powers to adopt the measures to avert the acute emergency situation and stipulating the renegotiation of public service contracts.

 

The provisions in Law N° 25,561 have been later ratified and developed through the passing of Laws 25,790, 25,820, 25,972, 26,077 and 26,204, as well as through different regulatory and complementary rules.

 

The renegotiation process of Public Services and Works Contracts has been basically regulated and implemented in a first institutional stage through Decrees N° 293 of February 12, 2002 and N° 370 of February 22, 2002. And in a second stage, by Decree N° 311 of July 3, 2003 and Joint Resolution N° 188 and N° 44 of the Ministries of ECONOMY AND PRODUCTION, and of FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, respectively, both dated August 6, 2003.

 

Decree N° 311/03 established that the renegotiation process shall be carried out through the PUBLIC SERVICE CONTRACT ANALYSIS AND RENEGOTIATION UNIT (“UNIREN”) presided by the Ministers of Economy and Production and of Federal Planning, Public Investments and Services.

 

UNIREN has been assigned the missions, among others, to carry out the process of renegotiating the Public Services and Works Contracts, to sign agreements with licensee companies of public services “ad referendum” of the NATIONAL EXECUTIVE POWER, to bring forward ruling projects related to possible temporary price adjustments and to contractual clauses related to public services, as well as the mission to make any recommendation concerning public services and works contracts and the operation of such services.

 

By means of the Joint Resolution of the MINISTRY OF ECONOMY AND PRODUCTION N° 188/03 and of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES N° 44/03, it has been established that UNIREN be formed additionally by a Public Service Contract Analysis and Renegotiation Sector Committee (“Comité Sectorial de Renegociación y Análisis de Contratos de Servicios Públicos”) and by the Executive Secretary of the Unit (“Secretario Ejecutivo de la Unidad”).

 

 

Said Committee is formed by State Secretaries with specific authority in the sectors related to public services and/or public works contracts subject to renegotiation, and by the Executive Secretary of the UNIREN.

 

Within the framework of said renegotiation procedures, a Memorandum of Understanding was signed between the NATIONAL STATE and the company AA2000 on July 20, 2005, which set forth the GUIDELINES for the renegotiation of the LICENSE CONTRACT for the EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL AIRPORT SYSTEM, basing on the guidelines established by the SECRETARIAT OF TRANSPORT.

 

ORSNA, a decentralized Controlling Entity within the area of the SECRETARIAT OF TRANSPORT of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, pursuant to the terms of Section 7° of Decree N° 311/03 and Section 13 of the Joint Resolution N° 188/03 and 44/03 of the Ministries of ECONOMY AND PRODUCTION, and of FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, carried out the analysis of the situation and degree of fulfillment obtained by the LICENSE CONTRACT FOR THE EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL AIRPORT SYSTEM, and sent to UNIREN several reports on this respect.

 

The Executive Secretariat of UNIREN has complied with the obligation of making the Report on the Fulfillment of the Contract set forth in Section 7 of the Joint Resolution of the MINISTRY OF ECONOMY AND PRODUCTION N° 188/03 and the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES N° 44/03. This Report has been produced with the aim of presenting a fulfillment statement of the LICENSE CONTRACT FOR THE EXPLOITATION, ADMINISTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL AIRPORT SYSTEM to serve as background and basis of the renegotiation process of the aforementioned contract, pursuant to the terms of Law N° 25,561 and subsequent and complementary rules.

 

Pursuant to the terms of the Memorandum of Understanding dated July 20, 2005 regarding the implementation of a new management model that allows the NATIONAL STATE an adequate direct control of the airport activity, both parties have agreed to introduce elements to allow the improvement of the regulation and control systems of the LICENSE.

 

Pursuant to international standards on the subject that impose income reinvestment in the activity, it was found sound, so as to make more efficient the allocation of this kind of resources, to adjust the obligations of the LICENSEE by turning a percentage of the LICENSE income into equity subject to specific allocation, for the investments that are necessary in infrastructure in the Airports of the National System. Moreover, what has been established in Law N° 25,924, Decree N° 1152/04 and Decree N° 642/97 can also be applied.

 

 

Pursuant to the principles of Law N° 17,520, the parties find convenient forming a Fund for studies, control and regulation of the LICENSE, by means of the specific allocation of income.

 

Moreover, it is herein determined that according to the principles that guided the license process, it is necessary to promote the instrumentation of mechanisms that allow to guarantee investment financing, both in licensed and not licensed airports, with the aim of obtaining the standards and levels of service quality demanded by the rules in force on the subject and the international treaties in which the NATION is party to.

 

Every time that in general terms the functions of regulation and management of the LICENSE CONTRACT are substantially different and imply the intervention of authorities competent on subjects of different nature, it is necessary to solve such differences regarding the assignment of said powers.

 

In this respect it is convenient to keep within the area of ORSNA the regulation and control powers differentiated from the powers of the ENFORCEMENT AUTHORITY that shall be assigned to the SECRETARIAT OF TRANSPORT of the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES as body with primary competence on the subject of management of transport systems, among them infrastructure and airport services.

 

The fulfilled renegotiation process has taken into account: a) the terms of Sections 8°, 9° and 10° of Law N° 25,561, Laws N° 25,790, 25,820, 25,972, 26,077 and 26,204 and Decree N° 311/03, as well as its regulatory and complementary rules; b) the provisions of the LICENSE CONTRACT; c) the background and projections of the service of the LICENSE according to the reports and analysis on record; and d) the conditions related to the economic and social situation of our country.

 

The renegotiation is based on rules and procedures to find the equilibrium point in the contracts adjustment.

 

The discussions conducted with the Company AEROPUERTOS ARGENTINA 2000 S.A. led to a first agreement expressed in a Memorandum of Understanding signed on June 16, 2006, which was finally replaced by a new MEMORANDUM OF UNDERSTANDING signed on August 23, 2006.

 

 

This latter MEMORANDUM OF UNDERSTANDING included the terms that were considered reasonable to adjust the conditions of the LICENSE CONTRACT, and to provide a complete solution to the necessity declared in Decrees N° 1,535 of August 20, 2002, N° 1,227 of May 20, 2003 and N° 878 of October 8, 2003.

 

The aforementioned MEMORANDUM OF UNDERSTANDING specified the conditions of the agreement to be entered into between the LICENSEE and the LICENSOR; in accordance with the requirements set forth it was submitted to a process of PUBLIC HEARING called through Joint Resolution of the MINISTRY OF ECONOMY AND PRODUCTION N° 728 and the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES N° 1,584 of September 12, 2006, published by the Official Bulletin of the Argentine Republic N° 30,989 of September 13, 2006 and N° 30,990 of September 14, 2006, and Provision N° 3 of September 21, 2006, published by the Official Bulletin of the Argentine Republic N° 30,996 of September 22, 2006 and N° 30,997 of September 25, 2006.

 

The PUBLIC HEARING was carried out on October 27, 2006 in the Town ▇▇▇▇▇▇ SPEGAZZINI, District of EZEIZA, of the Province of Buenos Aires, in order to discuss the MEMORANDUM OF UNDERSTANDING put forward for consideration by public opinion.

 

Many and diverse opinions and arguments on behalf of different Actors were expressed because of the Hearing. Said opinions and arguments were dully analyzed by the UNIREN.

 

As a result of the evaluation of the opinions obtained in the Hearing, UNIREN considered proper to modify certain partial aspects of the understanding previously agreed, as it appears on the REPORT OF THE EVALUATION OF THE PUBLIC HEARING.

 

Considering that circumstances, another negotiation instance was carried out with the Company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ to analyze the proposed changes, and an agreement was reached on the new understanding terms to be signed.

 

This instrument, which includes the terms of the complete renegotiation carried out, results from said understanding, and establishes the adjustment conditions of the LICENSE CONTRACT for the exploitation, administration and operation of Group “A” of the National Airport System, which was approved by Decree N° 163 of February 13, 1998, Pursuant to the applicable law, the instrumented proposal was submitted to the CONGRESS OF THE NATION (art, 4° Law N° 25,790) and, once it was passed, this MEMORANDUM OF AGREEMENT was signed “ad referendum” of the decision of the NATIONAL EXECUTIVE POWER, in its capacity of GRANTOR of the licensed service object of this agreement.

 

 

SECOND PART

 

GLOSSARY

 

For construing effects, the terms used in this MEMORANDUM OF AGREEMENT shall have the meaning given in the glossary that follows:

 

MEMORANDUM OF AGREEMENT or COMPLETE CONTRACT RENEGOTIATION AGREEMENT or RENEGOTIATION AGREEMENT or AGREEMENT: It the present agreement entered into between the representatives of the LICENSOR and the LICENSEE, which includes the terms and conditions of the adaptation of the LICENSE CONTRACT in compliance with Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204 and Decree N° 311/03 and other applicable rules.

 

AIRPORT: Airport authorized by the appropriate authority as entrance and exit port, Defined ground or water area suitable for the arrival, exit and movement on surface of aircrafts, permanently open to the public, on which there are buildings and air and service facilities to regularly assist aeronautical activities, to allow aircrafts parking and to receive or send off passengers, cargo and mail, according to the terms of the Aeronautical Code (Law N° 17,285) and the rules that modify and/or regulate it.

 

INTERNATIONAL AIRPORT: Airport used for the operation of aircrafts to or from abroad, where customs, migrations, border sanitary, and related services are provided.

 

ENFORCEMENT AUTHORITY: As from the approval of the MEMORANDUM OF AGREEMENT, it shall be the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES OF THE NATION, through the SECRETARIAT OF TRANSPORT.

 

MEMORANDUM OF UNDERSTANDING: It is the document signed between the UNIREN and the company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ dated August 23, 2006, which includes the terms and conditions for the adjustment of the LICENSE CONTRACT and which was subjected to a Public Hearing process.

 

 

CALCULATION OF TERMS: Unless this MEMORANDUM OF AGREEMENT has expressed otherwise, the terms calculated in days shall be counted according to what has been set forth in the rules in force applicable to the LICENSE.

 

LICENSOR: It is the ARGENTINE NATIONAL STATE.

 

LICENSEE: It is the company ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ANÓNIMA (AA2000).

 

CONTRACT OR LICENSE CONTRACT OR LICENSE: It refers to the instrument by means of which the NATIONAL STATE granted the LICENSE for the exploitation, administration and operation of GROUP “A” of the NATIONAL AIRPORT SYSTEM, approved by Decree N° 163 of February 13,1998.

 

SETTLEMENT: It refers to the instrument concluded on August 23, 2004, between the NATIONAL STATE, through the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES, and the Government of the CITY OF BUENOS AIRES, as regards ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport.

 

TARIFF CHART: It is the detail of charges applied for the rendering of aeronautical services.

 

NATIONAL AIRPORT SYSTEM IMPROVEMENT TRUST or TRUST: It is a trust stipulated to respond to different investment needs and to adequate the infrastructure of the airports that are part of the NATIONAL AIRPORT SYSTEM.

 

OFFER: It is the presentation made by the company AA2000, by means of which it became the successful bidder.

 

AIR OPERATORS: They are the physical or legal persons, public or private, national or foreign, who legally use an aircraft, on their own, even for non profit purposes, pursuant to Chapter VIII of the Aeronautical Code.

 

ORSNA: It is the National Airport System Regulating Institution.

 

RENEGOTIATION GUIDELINES: They are those that arise from the MEMORANDUM OF UNDERSTANDING signed between UNIREN and AA2000, on July 20, 2005, Moreover, it includes those guidelines provided by the SECRETARIAT OF TRANSPORT for the renegotiation of the CONTRACT.

 

 

INVESTMENT PLAN: They are the investment provisions expressed both in physical and monetary terms that the LICENSEE promises to perform during the LICENSE period. The INVESTMENT PLAN shall be determined by five-year periods and shall be approved, revised and controlled by ORSNA according to the guidelines defined in this MEMORANDUM OF AGREEMENT.

 

MASTER PLAN: It is the document that includes, as a general guideline, the foreseen evolution of each airport for the whole LICENSE period, taking into account the demand of aeronautical and non aeronautical services, as well as the levels of satisfaction related to them according to international and local rules and standards. The LICENSEE shall be responsible for the presentation of the plan, and ORSNA shall be in charge of approving it, authorizing its modifications and verifying its fulfillment.

 

INCOME AND EXPENSES FINANCIAL PROJECTION: It is the detail of income and expenses related to the rendering of the licensed services, including investment obligations.

 

BIDDING TERMS AND CONDITIONS: They are the Bidding Terms and Conditions of the National and International Public Bid that gave rise to the CONTRACT.

 

AIPORT SECURITY POLICE (PSA, (as per Spanish acronym)): It is a body dependent on the MINISTRY OF DOMESTIC AFFAIRS that is responsible for safeguarding and guaranteeing domestic security within the airport jurisdictional area, pursuant to Law N° 26,102.

 

MUTUAL OR PENDING CLAIMS: They are all the requirements, remedies or legal actions filed or brought by the LISENSOR OR LICENSEE, administratively or judicially, before the MEMORANDUM OF UNDERSTANDING signed on August 23, 2006, on certain disagreed or questioned subjects, aspects or acts regarding the development of the LICENSE CONTRACT, and which correspond to the period elapsed since the Act of Taking Possession by the LICENSEE until the ratification of the RENEGOTIATION AGREEMENT.

 

TARIFF SYSTEM: It is the system contemplated by contract.

 

INVESTMENT REGISTRY: It is the Registry where the performed works contemplated in the INVESTMENT PLAN and the amount in pesos for said works will be entered under signature of the LICENSEE. This Registry shall be created under the scope of ORSNA.

 

REGULATORY ACCOUNTING SYSTEM: It is a system of data collection, allocation and entry that unifies the methodology and the formats to be used by the company rendering the regulated services at the moment of submitting the technical, accounting and economic information requested by the regulating institution with respect to aeronautical and non aeronautical activities carried out by the LICENSEE within the framework of the LICENSE CONTRACT.

 

 

NATIONAL AIRPORT SYSTEM (SNA (as per Spanish acronym)): It is the group of airports, specified in APPENDIX III of Decree N° 375/97 of the NATIONAL EXECUTIVE POWER.

 

SLOT: It is the time allocated for landing and take off.

 

ACT OF TAKING POSESSION: It is the moment after which the LICENSEE is responsible for the exploitation, administration and operation of GROUP “A” OF THE NATIONAL AIRPORT SYSTEM, in accordance with the Bidding Terms and Conditions and its Appendixes.

 

ARGENTINE AUDIT OFFICE (“Sindicatura General de la Nación”)(SIGEN (as per Spanish acronym)): It is the internal controlling body of the NATIONAL EXECUTIVE POWER.

 

THIRD PART

 

SUSPENSION AND ABANDONMENT ON PART OF THE LINCENSEE AND THE STATE.

EVENTS OF CONTRACTUAL BREACH. EFFECTS.

 

1. SUSPENSION OF ACTIONS

 

1.1 The Licensee will hold in suspension all the claims, remedies and legal actions filed or pending at the administrative, arbitral or judicial level in our country against the NATIONAL STATE and/or its decentralized entities, whatever their cause may be, until the date established in the second clause, paragraph 2.1. of these presents.

 

2. ABANDONMENT OF THE RIGHT OF ACTION AND OF THE ACTIONS

 

2.1. Within a term of 10 (TEN) days after the ratification of this RENEGOTIATION AGREEMENT by the NATIONAL EXECUTIVE POWER, the LICENSEE shall dismiss all the claims, remedies or legal actions filed or pending at the administrative, arbitral or judicial level in our country against the NATIONAL STATE and/or its decentralized entities, whatever their cause may be. Such abandonment shall not imply the acknowledgment of the situation that gave rise to the claim, remedy or legal action Specifically in the case of fines imposed and for which the LICENSEE started administrative and/or judicial claims, abandonment thereof shall be done for the purposes of this renegotiation and this shall not imply that the fines can be deemed legitimate.

 

The obligation undertaken by the LICENSEE in this clause shall be performed by the passing of the time stipulated.

 

 

The abandonment shall include the request that each party shall bear its own costs.

 

2.2. In this regard, the LICENSEE shall submit before ORSNA the instruments dully certified and legalized. The abandonment of the right of action and of the actions must be expressly and completely stated on those instruments according to the terms established in the previous clause.

 

2.3. The NATIONAL STATE shall suspend the application of this AGREEMENT in case the term fixed in subsection 2.1 concludes and the LICENSEE has not complied with the corresponding abandonment. In such case, the NATIONAL STATE shall proceed to notify the LICENSEE to comply with the submission of the agreed abandonment within a new term of 15 (FIFTEEN) days.

 

2.4. Once said term is due and in case of noncompliance of the LICENSEE regarding the submission of the agreed abandonment, the NATIONAL STATE shall be able to denounce this AGREEMENT for reasons attributable to the LICENSEE and to proceed to the revocation and lapsing of the LICENSE due to noncompliance on part of the LICENSEE.

 

3. ACTIONS GROUNDED ON THE EFFECTS OF PUBLIC EMERGENCY

 

3.1. Apart from the suspensions and abandonment established in the previous clauses, in case a presentation, claim, remedy or legal action is filed, regarding the LICENSE CONTRACT, on part of the LICENSEE, at administrative, arbitral or judicial level in our country, grounded or related to the facts or measures adopted because of the emergency established by Law N° 25,561, the NATIONAL STATE shall request the immediate retraction and withdrawal of the claim made or the abandonment of said action, granting in this regard a term of 15 (FIFTEEN) days.

 

3.2. In the event that the term is due and there has not been retraction or withdrawal of the claim, or the abandonment of the action filed, the NATIONAL STATE shall be able to denounce this RENEGOTIATION AGREEMENT, for reasons attributable to the LICENSEE, and to proceed to the revocation or lapsing of the LICENSE.

 

4. ACTIONS BEFORE FOREIGN COURTS

 

4.1. The LICENSEE declares, as an affidavit, that neither ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ nor it shareholders have presented claims or filed legal actions against the NATIONAL STATE, nor its institutions or entities, before any foreign court, regarding the differences existing between the Parties, including the effects of the public emergency declared by Law N° 25,561 and its complementary rules.

 

 

Before the ratification of the MEMORANDUM OF AGREEMENT, the LICENSEE shall have to submit the aforementioned voluntary declaration, as affidavit, regarding its shareholders. Failure to attach said instruments, shall impede the ratification of the AGREEMENT on part of the NATIONAL EXECUTIVE POWER.

 

4.2. Moreover, both the LICENSEE and its shareholders undertake not to present claims or file legal actions for those circumstances before foreign courts in the future. Furthermore, it being understood that the signature of this MEMORANDUM OF AGREEMENT satisfies the interests of the Parties.

 

4.3. According to what was established in paragraphs 4.1 and 4.2, the LICENSEE has attached the proper instruments, with their authenticity and validity dully certified and legalized, proving the abandonment of all rights and actions that the LICENSEE and its shareholders could assume to file claims or legal actions before foreign courts.

 

5. SUMMARY PROCEEDINGS

 

5.1. Once the LICENSEE has submitted the evidence contemplated in paragraphs 2.2 and 4.3, and once this AGREEMENT has been ratified by the NATIONAL EXECUTIVE POWER, ORSNA shall have to desist the summary proceedings brought in File N° 106,736/02 “ORSNA vs. ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ S.A., for execution proceedings” pending before the National Court in Administrative Federal Matters N°1, Secretariat N°1.

 

5.2. Costs shall be born by each of the parties as appropriate. Under no circumstances neither the NATIONAL STATE nor ORSNA shall assume the eventual fees corresponding to the defendant.

 

FOURTH PART

 

TERMS AND CONDITIONS INCLUDED IN THE AGREEMENT

 

1. PROVISIONS

 

This AGREEMENT includes the terms and conditions agreed between the LICENSOR and the LICENSEE to adjust the LICENSE for the exploitation, administration and operation of GROUP “A” of the NATIONAL AIRPORT SYSTEM, approved by Decree N° 163 of February 13, 1998, pursuant to Law N° 25,561 and other rules related to the emergency, trying to preserve within the framework of said rules, the substantive principles and aspects of Law N° 24,076 and the regulations derived from them.

 

 

The provisions included in this AGREEMENT have as direct background the MEMORANDUM OF UNDERSTANDING signed between the parties on August 23, 2006, and other background documents, which was submitted to a Public Hearing in the Town ▇▇▇▇▇▇ SPEGAZZINI, District of EZEIZA, of the Province of Buenos Aires on October 27, 2006. The conclusions of the Public Hearing were considered to establish the terms and conditions that form this AGREEMENT.

 

2. TYPE AND CONDITION OF THE AGREEMENT

 

The AGREEMENT shall be the COMPLETE RENEGOTIATION of the LICENSE CONTRACT FOR THE EXPLOITATION, ADMINSTRATION AND OPERATION OF GROUP “A” OF THE NATIONAL AIRPORT SYSTEM, pursuant to Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204 and Decree N° 311/03.

 

3. SERVICE QUALITY SYSTEM

 

In order to maintain the quality in the rendering of the services of GROUP “A” of the NATIONAL AIRPORT SYSTEM, the LICENSEE shall have to adapt to the standards detailed in APPENDIX I in this MEMORANDUM OF AGREEMENT and meet them.

 

4. TARIFF CHART

 

4.1. The value of the charges for the aeronautical services to be collected by the LINCESEE and other official institutions with the power to do so are included in APPENDIX II of this MEMORANDUM OF AGREEMENT, and they will come into force from the moment the COMPLETE CONTRACT RENEGOTIATION AGREEMENT becomes effective. Moreover, the tariff system approved by Decrees N° 577/02 y 1,910/02 shall continue in force and the authorized beneficiaries mentioned in said Decrees shall continue to be the same ones.

 

 

4.2. The tariff chart in APPENDIX II includes the maximum amounts that the LICENSEE and other official institutions with the power to do so can collect for the invoicing of the services rendered to USERS and AIR OPERATORS.

 

4.3. The prices for non aeronautical services can be freely established by the parties according to the provisions of the rules in force for the LICENSE. The LICENSEE will have to submit to ORSNA, in the form of affidavit, the information requested by ORSNA according to the procedures already established or to be established regarding the agreements entered into on this subject within 30 (THIRTY) days as of its execution.

 

4.4. For the purposes of the previous clause, non aeronautical services are those rendered by the LICENSEE, on his own or through third parties, by virtue of the LICENSE CONTRACT and which are not included in the tariff chart included in Appendix II. Based on the current progress of the concession, we can provide the following list of services, for the purposes of illustration:

 

a) Activities related to aero-commercial transportation. Some of them can be developed by the same airlines and include: keeping the aircraft in hangars, aircraft maintenance, pilot training, exploitation of exclusive spaces for airlines, air cargo, ramp services, catering services, air-taxi services, fuel plants for aircraft and lubricant plants for aircraft.

 

b) Commercial exploitation of the airport. These are the activities that have an indirect relationship with the aero-commercial activity, and include: fiscal deposits, duty free shops, cuisine related activities, pre and post air transportation services, vehicle rent, vehicle parking lot, shops, banks and Exchange stores; pay phone-centers, telephony and communications, passenger services (insurance, luggage keeping services, luggage protection services, tourist information, hotel room booking, etc ) and advertising and promotion.

 

c) Secondary activities developed at the Airport. These include those services that are rendered to companies operating inside the airport, and are the following ones: cleaning services, private security services and building maintenance services.

 

5. SPECIFIC ALLOCATION OF INCOME OF THE LICENSE

 

5.1. The LICENSEE shall have to specifically allocate monthly an amount in pesos equivalent to 15% (FIFTEEN PERCENT) of the total income of the LICENSE.

 

5.2. The use of funds stated in 5.1 shall be carried out according to APPENDIX III.

 

 

5.3. The amounts included in this clause shall be accrued as of January 1, 2006 as detailed in APPENDIX III, but its effects shall be contingent upon the ratification of the MEMORANDUM OF AGRREMENT by the NATIONAL EXECUTIVE POWER. From that moment what was established in clause 17.1 of the LICENSE CONTRACT shall no longer be in force.

 

5.4. Under the terms included in APPENDIX III, ORSNA is requested to draw up the calculation procedures and methodology for the specific allocation set forth herein.

 

6. INVESTMENT PLAN

 

6.1. The INVESTMENT PLAN for the 2006-2028 period of the LICENSE is detailed in APPENDIX IV of this MEMORANDUM OF AGREEMENT. This PLAN shall have to be performed under the exclusive responsibility of the LICENSEE.

 

6.2. The execution of the INVESTMENT PLAN for the 2006-2010 period shall have to commence as of the signature of the MEMORANDUM OF AGREEMENT. Said plan is composed of: (i) necessary works to meet the standards defined regarding security and service quality and (ii) works that, although necessary, were pending performance on part of the LICENSEE for different reasons at the moment of the signature of this MEMORANDUM OF AGREEMENT.

 

Once the MEMORANDUM OF AGREEMENT enters into force during or after 2006, the compliance with the investment commitments shall be evaluated in the first five-year period, taking into account a postponement equivalent to the time calculated as of January 1, 2006.

 

6.3. The INVENSTMENT PLAN for the remaining years of the LICENSE (2011 - 2028) will be determined through five-year plans. For that period the amount of planned investments has been calculated given the relation between the committed investments and the aeronautical incomes set in the offer made by the LICENSEE, complemented by the remaining amount of the necessary investments pending performance that are planned to be concluded in 2015.

 

In the event that the extension established in clause 26.3 of the FOURTH PART comes into effect, the revision of the Investment Plan included in APPENDIX IV shall have to done.

 

6.4. The FIVE-YEAR INVESTMENT PLANS shall be approved, revised and controlled by ORSNA basing on the investment amounts provided in the INCOME AND EXPENSES FINANCIAL PROJECTION detailed in APPENDIX V, and according to the procedure established in the following Point 8.

 

 

6.5. In the ordinary and extraordinary revisions of the INCOME AND EXPENSES FINANCIAL PROJECTION the fulfillment of the investments shall be weighted taking into account what is shown in the INVESTMENT REGISTRY of the LICENSE.

 

6.6. The investments foreseen in the FIVE-YEAR INVESTMENT PLANS shall have to be aimed, in all cases, to cover the operative necessities and the capacity and demand growth, and to meet the international standards of quality and security, within GROUP “A” of the NATIONAL AIRPORT SYSTEM, so as to guarantee the fulfillment of airports first level categorization criteria according to the standards established by the INTERNATIONAL CIVIL AVIATION ORGANIZATION (ICAO) and the INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA).

 

6.7. Upon approval on part of ORSNA, the following works shall be included at the expense of the LICENSEE: i) Consulting Program for environmental liabilities final diagnosis; ii) Remediation of environmental liabilities included in the consulting program; iii) The works planned to be performed inside the airport premises of the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport, within the framework of the SETTLEMENT between the NATIONAL STATE and the Government of the CITY OF BUENOS AIRES of August 23, 2004. Under no circumstances the terms set forth in this clause can imply the obligation for the LICENSEE of undertaking more commitments than those established pursuant to the application of the terms in clauses 6.1 and 6.3.

 

6.8. Within 180 (ONE HUNDRED AND EIGHTY) days the parties shall define the form of participation of the LICENSEE with relation to the policies that the appropriate authorities will set forth, specially the MINISTRY OF DOMESTIC AFFAIRS and the AIRPORT SECURITY POLICE, regarding the fight against crime, drug-dealing and terrorism.

 

6.9. ORSNA shall verify that the commitments assumed by the NATIONAL STATE in the Agreements signed with the Provincial and/or Municipal States shall not be altered due to the transfer of some airport object of the LICENSE.

 

6.10. The LICENSEE shall not commence works that are not authorized by ORSNA and included in the corresponding INVESTMENT PLAN.

 

6.11. ORSNA shall be able to revise the schedule designed in the INVESTMENT PLAN and to request the LICENSEE to anticipate planned works for that purpose or to include some not scheduled work, without modifying the equilibrium of the contractual variables. Under no circumstances the abovementioned terms can imply the obligation of the LICENSEE of assuming more investment commitments than those contemplated for the annual period. In this context, ORSNA shall decide which works will be substituted in the plan and postponed for another period.

 

 

6.12. In order to guarantee the performance of the works, the investment guarantee in force is no longer effective. Annually and before March 31 of every year, the LICENSEE shall have to create an investment guarantee with a value equivalent to 50% (FIFTY PERCENT) of the works annually planned.

 

Upon ORSNA authorization this amount shall be reduced proportionally based on the evolution shown in the INVESTMENT REGISTRY.

 

ORSNA shall have to decide on the requests for guarantee reduction submitted by the LICENSEE within 30 (THIRTY) days after the request was made. The creation of this Guarantee shall not be invoked by the LICENSEE to reduce or avoid full performance of all the obligations within the frame of the LICENSE CONTRACT.

 

6.13. Pledge of securities or goods and/or mortgages, as well as guarantee bonds shall be offered as guarantee to the satisfaction of ORSNA.

 

7. PROCEDURES FOR THE APPROVAL OF THE INVESTMENT PLAN

 

7.1. The LICENSEE shall have to submit FIVE-YEAR INVESTMENT PLANS before ORSNA, setting as term to make such presentation January 31 of the year previous to year in which the five-year period would come into force. Once the FIVE-YEAR INVESTMENT PLAN has been submitted, ORSNA shall have to issue a decision on the matter within a term of 90 (NINETY) days.

 

7.2. In the event ORSNA makes remarks to the submission made and once they have been notified to the LICENSEE, the LICENSEE shall have 30 (THIRTY) days to make the corresponding modifications.

 

7.3. In the event ORSNA makes remarks and the LICENSEE does not present the modifications in the term established in the previous paragraph, such modifications shall be done by ORSNA and then notified to the LICENSEE during the following 30 (THIRTY) days. Without prejudice to the foregoing, such negative shall be considered a breach; therefore, it shall be subject to the corresponding sanctions.

 

 

 

7.4. ORSNA, within 90 (NINETY) days as of the signature of this MEMORANDUM OF AGREEMENT, shall develop a methodology for the presentation of the FIVE-YEAR INVESTMENT PLAN, which must be notified to the LICENSEE by any reliable means.

 

8. INVESTMENT REGISTRY

 

8.1. The INVESTMENT REGISTRY is set up within the scope of the ORSNA. The investment works performed contemplated in the INVESTMENT PLAN shall be entered in this registry under the signature of the LICENSEE. The INVESTMENT REGISTRY will show the physical and economic evolution of the INVESTMENT PLAN performed by the LICENSEE. Furthermore, the amounts corresponding to the different events for LICENSE termination shall be considered as the base to liquidate the LICENSEE. ORSNA shall decide on the information that said INVESTMENT REGISTRY must include.

 

8.2. The LICENSEE shall have to provide all the necessary documentation and any other data or report requested by the ORSNA on this regard for the implementation and updating of the registry.

 

9. PROCEDURE FOR THE PERMISSION, CONTROL, AUTHORIZATION AND APPROVAL OF WORKS

 

9.1. For any planned work in Group “A” Airports of the National Airport System, the LICENSEE shall have to comply with the terms of the corresponding applicable procedure, which shall be determined by ORSNA.

 

9.2. Within a term of 90 (NINETY) days as of the signature of the MEMORANDUM OF AGREEMENT, ORSNA shall issue the specific rules for the authorization of the works. In order to comply with the aspects related to aviation security, upon approval, ORSNA shall give notice to the Airport Security Police.

 

9.3. The rules provided for in the preceding item shall contemplate the PSA intervention before approval of the works, so that, within a peremptory term fixed by it, the PSA can issue an opinion based on its scope of expertise. The same criterion shall be used to assign spaces to state agencies.

 

 

10. MASTER PLAN

 

10.1. Within 120 (ONE HUNDRED AND TWENTY) days as of the moment the MEMORANDUM OF AGREEMENT becomes effective, the NATIONAL STATE in the scope of its exclusive powers shall establish through ORSNA the planning parameters (Plans on the Use of the Soil) which the LICENSEE shall have to respect in the drawing up of the corresponding MASTER PLANS.

 

10.2. Within the following 180 (ONE HUNDRED AND EIGHTY) days, the LICENSEE shall attach the MASTER PLAN which has to include the effects and impacts of the provisions contemplated in this AGREEMENT.

 

10.3. Within a term of 90 (NINETY) days as of the signature of the MEMORANDUM OF AGREEMENT, ORSNA shall issue the specific rules for the authorization of the MASTER PLANS. In order to guarantee the participation of the users, said rules must be informed to the ADVISORY COMMITTEE OF ORSNA before their approval.

 

11. ▇▇▇▇▇ ▇▇▇▇▇▇▇ AIRPORT

 

11.1. The LICENSEE agrees to maintain the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport in its present location during the remaining time of the LICENSE, pursuant to the guidelines contemplated in the SETTLEMENT entered into between the NATIONAL STATE, through the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES and the Government of the CITY OF BUENOS AIRES on August 23, 2004.

 

11.2. The LICENSEE shall request the Aeronautical Authority to analyze the possibility of deviating flights, when in its own discretion, those flights were affected as regards security.

 

12. GOBERNADOR ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ AIRPORT

 

12.1. The parties declare that the reasons for not Taking Possession of the Gobernador ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Airport of the Province of JUJUY, which at present is part of the GROUP “A” of the NATIONAL AIRPORT SYSTEM, are not attributable to them.

 

12.2. The LICENSEE waives the right to start any kind of administrative and/or judicial claim against the LICENSOR directly or indirectly deriving from such situation, and expressly accepts the possible removal of said airport from Group “A” of the NATIONAL AIRPORT SYSTEM according to the decision adopted by the provincial authorities.

 

 

12.3. The NATIONAL STATE shall agree with the Province of JUJUY the delivery of the said airport to the LICENSEE within a term of 6 (SIX) months from the signature of this MEMORANDUM OF AGREEMENT. In that case, the additional income and expenses shall be included in the INCOME AND EXPENSES FINANCIAL PROJECTION.

 

12.3.1. If the NATIONAL STATE does not reach an agreement with the Province of JUJUY in the term contemplated in clause 12.3, ORSNA shall formalize the removal of the mentioned airport from Group “A”, although it will remain in National Airport System.

 

12.4. The economic impact and the influence of the terms of this clause shall be considered by ORSNA so that the contract is not altered.

 

13. ABN AMRO BANK N.V. TRUST CONTRACT

 

13.1. It is herein decided that the LICENSEE shall have to reformulate the Trust Contract concluded with ABN AMRO BANK N.V., Argentine Branch on May 3, 2002, pursuant to the terms contemplated in APPENDIX VI of this MEMORANDUM OF AGREEMENT.

 

Before AA2000 and the banking entity can sign the necessary documents to comply with the provisions of this clause, the NATIONAL TREASURY shall intervene.

 

13.2. Under no circumstances can the rights and obligations arising from said contract affect the compliance with the contractual obligations of the LICENSEE. Moreover, they are ineffective against the NATIONAL STATE.

 

13.3. The LICENSEE shall have to regularize its situation in a term of 90 (NINETY) days as of the moment this AGREEMENT enters into force. ORSNA shall extend this term provided that the LICENSEE decides the complete redemption of the corporate notes issued until now by the LICENSEE within the next 12 (TWELVE) months. This redemption shall not affect neither the fulfillment of point 5 of the FOURTH PART, nor the performance of the INVESTMENT PLAN contemplated in APPENDIX V herein.

 

 

14. MUTUAL CLAIMS BETWEEN THE LICENSOR AND THE LICENSEE

 

14.1. The claims on the LICENSE pending resolution until the date of these presents, made by the LICENSOR and the LICENSEE, considered as MUTUAL CLAIMS, are included in APPENDIX VII that is part of this AGREEMENT. A special procedure has been agreed for the resolution of those differences.

 

14.1.1. The parties have agreed on a procedure for the definitive resolution of MUTUAL CLAIMS pursuant APPENDIX VII in view of the circumstances that affected the LICENSE CONTRACT and taking into account the effects of the special situation of the industry. The LICENSOR and the LICENSEE shall expressly desist to continue the MUTUAL CLAIMS at the administrative, arbitral or judicial level for the complete renegotiation of the LICENSE CONTRACT, according to the terms and conditions contemplated in point 2 and 3 of the THIRD PART of this MEMORANDUM OF AGREEMENT.

 

14.1.2. From the application of the procedure mentioned before there is a credit balance for the LICENSOR that shall be cancelled as follows:

 

A.

The equivalent to 22.96% (TWENTY-TWO POINT NINETY-SIX PERCENT) of the total credit balance for the LICENSOR shall be paid by means of the allocation of 7% (SEVEN PERCENT) of the International Airport Income. The duration of this allocation is contemplated in the SUBAPPENDIX VII-A or until the amount mentioned in this paragraph (a) has been paid, whichever occurs first.

 

B.

The equivalent to 18.61% (EIGHTEEN POINT SIXTY-ONE PERCENT) of the total credit balance for the LICENSOR shall be paid by means of the delivery to the LICENSOR of corporate notes convertible in separated common shares by a total nominal amount equivalent to the amount that that percentage represents, according to what has been detailed in SUBAPPENDIX VII-B.

 

C.

The equivalent to 58.43% (FIFTY-EIGHT POINT FORTY-THREE PERCENT) of the total credit balance for the LICENSOR shall be paid by means of the delivery to the LICENSOR of callable preferred shares of AEROPUERTOS ARGENTINA 2000 S.A., convertible in separated common shares, according to what has been detailed in SUBAPPENDIX VII-C.

 

 

14.1.3. If the LICENSEE defaults in the payments referred in this point and in SUBAPPENDIX VII-A, or fails to implement the repayment mechanisms contemplated pursuant point 1, FIFTH PART, of this MEMORANDUM OF AGREEMENT, and APPENDIX III: “Fund Allocation”, SUBAPPENDIX III-A “National Airport System Improvement Trust” (Part II. B. Trust property for settlement of Mutual Claims), APPENDIX VII: “Mutual Claims” and SUBAPPENDIXES VII-A: “Repayment Mechanisms”, VII-B: “Negotiable Obligations that can be converted into Common Shares” and VII-C: “Preferred Shares that can be Redeemed and Converted into Common Shares”, within the terms specified and according to the requirements and conditions stipulated therein, the ENFORCEMENT AUTHORITY shall have the right of leaving without effect the COMPLETE CONTRACT RENEGOTIATION AGREEMENT and considering the LICENSE as terminated, and this measure shall have retroactive effect.

 

In the event of default in the payments mentioned, AA200 shall automatically owe the NATIONAL STATE, without any previous notice on its behalf, the unpaid amount resulting from the balance for mutual claims established in SUBAPPENDIX VII-A, plus the corresponding interests and compensations.

 

14.1.4. Under no circumstances can AA2000 reduce the interest in common shares of the NATIONAL STATE by means of future issuances and/or capital restructuring. The situation of NATIONAL STATE in said company shall not be modified pursuant to the provisions of paragraph 14.1.2. and SUBAPPENDIX VII-A.

 

14.2. In order to simplify the procedures contemplated in the Resolutions ORSNA N°161/99 and N°271/99 that include AFIP clarifications of 05/27/99, File ORSNA N°756/98, the LICENSEE requests ORSNA to take the corresponding actions before the signature of the AGREEMENT so that the International Air Station Usage Rate (TUAI, (as per Spanish acronym)) be taxed with 0% VAT (ZERO PERCENT). From the moment of the application of such tax on the TUAI, the applicable procedure pursuant Resolution ORSNA N° 199/98 shall be left without effect. By means of this resolution, a claim filed by the LICENSEE was sustained in order to compensate the effect of having declared the TUAI VAT-exempt with the license fee to be paid for expired semester.

 

15. ACTIVITIES OF THE LICENSEE AS OPERATOR

 

15.1. The LICENSEE shall participate as airport operator in airport projects different from GROUP “A” of the NATIONAL AIRPORT SYSTEM, and it shall have to request previously the authorization of the ENFORCEMENT AUTHORITY for those projects.

 

15.2. Under no circumstances can the participation as airport operator cause a decrease of the service quality, affect the income of the LICENSE, or actually or potentially affect the fulfillment of the contract obligations of the LICENSEE stipulated in the LICENSE CONTRACT, in the MEMORANDUM OF AGREEMENT and in others rules in force.

 

 

16. TECHNICAL EXPERT

 

16.1. For the initial period of the LICENSE consisting of 5 (FIVE) years (from the first Act of Taking Possession), Technical Expert is the one previously authorized in the License.

  

After that, any private shareholder who maintains for at least 5 (FIVE) years an ownership percentage of not less than 10% (TEN PERCENT) of the corporate capital in the LICENSEE shall be considered Technical Expert.

 

16.2. The requirement of maintaining 10% (TEN PERCENT) of the shares in the possession of at least one private shareholder who proves at least the aforementioned seniority shall be kept until the termination of LICENSE Any substitution of all the private shareholders who qualified as Technical Expert must be approved previously by the ORSNA.

 

16.3. The LICENSEE can not merge nor divide during the term of the LICENSE CONTRACT.

 

17. USE AND AVAILAVILITY OF SPACES

 

17.1. In case of registering violations to the use and availability of spaces in the airport premises, and to guarantee full use and enjoyment pursuant the exploitation right within the framework of the LICENSE CONTRACT, the LICENSEE, with grounds, shall request ORSNA to start legal actions for the eviction of the occupiers of the licensed public domain, pursuant to the procedure of Law N° 17,091. This request shall be made if a prejudice in the airport public service quality or inconveniences for the continuous and correct rendering of the service can be proved.

 

18. CONTRACTS TO BE CONCLUDED WITH THIRD PARTIES WHICH INCLUDE NEW INFRASTRUCTURE WORKS

 

18.1. In order to encourage the execution of new works in the airports and upon authorization of ORSNA, the LICENSEE shall stipulate in the contracts concluded with third parties for the rendering of services that require investment in new works, that these contracts continue in force even in the event of early termination of the LICENSE, and the LICENSOR and/or whoever it appoints in that case shall subrogate the rights and obligations of the LICENSEE.

 

 

18.2. The grant of the authorization contemplated in the previous paragraph shall be a discretionary power of the Administration.

 

19. APRON OPERATIONS

 

19.1. The LICENSEE shall be responsible for the control and coordination of the operations and activities on apron, under the supervision of the Aeronautical Authority responsible for the operational security. All this, without prejudice of the control functions that correspond to the PSA.

 

20. SLOTS

 

20.1. The NATIONAL STATE through the SECRETARIAT OF TRANSPORT undertakes to regulate in a term of 180 (ONE HUNDRED AND EIGHTY) days from the signature of this MEMORANDUM OF AGREEMENT a procedure for slot allocation that guarantees objective criteria for distribution, efficient rendering of the service and optimal use of the airport infrastructure. In order to collect and incorporate in the regulation the experience acquired on the subject, the ARGENTINE AIR FORCE (“Fuerza Aérea Argentina”), ORSNA and the LICENSEE shall participate in the discussion process. Furthermore, the CHAMBER OF AIRLINE COMPANIES OF THE ARGENTINE REPUBLIC (▇▇▇▇▇ (as per Spanish abbreviation)) and the INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA) shall be invited to participate, by means of the appointment of one representative for each entity, in representation of the airline companies.

 

21. PAYMENT OF AIRPORT CHARGES AND RESOURCES

 

21.1. LEASE income and the effective collection of the airport charges are essential for the sustainability of the national airport service.

 

21.2. Within 180 (ONE HUNDRED AND EIGHTY) days following the signature of this MEMORANDUM OF AGREEMENT, ORSNA shall issue the Regulation for the Approval and Certification of the debts of the Air Operators. This term shall be extended by ORSNA, with grounds, for a period of 60 (SIXTY) running days.

 

 

21.2.1. The LICENSEE shall be able to request ORSNA to issue a Debt Certificate for default in payment of the airport charges on part of the AIR OPERATORS. In this regard, the LICENSEE shall have to submit to ORSNA the accounting certification of the debt for airport charges together with the written proof of the flight issued by the ARGENTINE AIR FORCE.

 

21.2.2. The regulation shall foresee the creation of a common data base that shall be consulted at any time by the ORSNA, the ARGENTINE AIR FORCE and air operators.

 

21.3. After 90 (NINETY) days from the signature of this MEMORANDUM OF AGREEMENT, ORSNA shall issue, in prior coordination with the corresponding governmental bodies, the regulation that includes an appropriate procedure to guarantee the anticipated payment of the expenses deriving of the air operation (charges) on part of those air operators who keep debts for that concept with the ARGENTINE AIR FORCE, other state institutions and the LICENSEE during a time longer than 30 (THIRTY) days. This term shall be extended by ORSNA, with grounds, for a period of 60 (SIXTY) running days. In order to guarantee the participation of the users, said regulation shall be informed to the ADVISORY COMMITTEE OF ORSNA before its approval.

 

21.4. The regulation must guarantee the right to intervene of all the interested parties and the due process.

 

22. PENALTIES SYSTEM

 

22.1. Within a term of 180 (ONE HUNDRED AND EIGHTY) days from the signature of this MEMORANDUM OF AGREEMENT, ORSNA shall approve a Regulation on Airport Infractions and Penalties applicable to all the persons that carry out activities in the airport. In order to guarantee the participation of the users, said regulation shall be informed to the ADVISORY COMMITTEE OF ORSNA before its approval. All this, without prejudice of the specific functions and powers that under the rules in force correspond to the PSA.

 

23. MEDICAL SERVICE

 

23.1. For the purpose of regulating the medical assistance service rendered to the users and people who perform activities inside the airports that form part of GROUP “A” of the NATIONAL AIRPORT SYSTEM, ORSNA shall issue the appropriate regulation that will determine the relations between the parties and its financing within 180 (ONE HUNDRED AND EIGHTY) days after the signature of this MEMORANDUM OF AGREEMENT. In order to guarantee the participation of the users, said regulation shall be informed to the ADVISORY COMMITTEE OF ORSNA before its approval.

 

 

24. INCOME AND EXPENSES FINANCIAL PROJECTION

 

24.1. The INCOME AND EXPENSES FINANCIAL PROJECTION of the LICENSE for the period 2006-2028 is detailed in APPENDIX V. This INCOME AND EXPENSES FINANCIAL PROJECTION reflects the projection of all income, operational expenses, investment obligations of the LICENSE and repayment mechanisms stipulated for the repayment of the balance of MUTUAL CLAIMS herein established. It has been prepared in pesos.

 

The resulting amounts for sanctions for non-compliances on part of the LICENSEE shall not be considered as expenses for the evaluation of the INCOME AND EXPENSES FINANCIAL PROJECTION.

 

25. REGULATORY ACCOUNTING SYSTEM

 

25.1. ORSNA shall be in charge of implementing a REGULATORY ACCOUNTING SYSTEM.

 

25.2. In a term of 180 (ONE HUNDRED AND EIGHTY) days from the signature of this MEMORANDUM OF AGREEMENT, ORSNA shall issue the Regulation of the REGULATORY ACCOUNTING SYSTEM. This term shall be extended by ORSNA, with grounds, for a period of 60 (SIXTY) running days. This Regulation shall include a regulatory accounting manual to define the appropriate technical criteria compatible with the generally accepted accounting principles, so as to have reliable information homogeneous with respect to the entries of the LICENSEE regarding income, costs and expenses of the services and investments under the regulation, as well as information on the demand for said services and investments under the regulation in a permanent and standardized way. Furthermore, the content of the manual shall deal with the definition, uses, assessment and treatment of assets, liabilities, earnings and investments, accounting structure of the information and methodology of the accounting analysis related to the rendering of the services under the regulation.

 

25.3. So as to comply with the terms stipulated in the preceding paragraph 25.1, the LICENSEE shall provide ORSNA with the information with the degree of detail requested by the institution for the REGULATORY ACCOUNTING SYSTEM application.

 

 

26. PUBLIC OFFERING OF SHARES

 

26.1. From the moment the AGREEMENT becomes effective, the LICENSEE is authorized to make public offering of the shares and to list shares on Buenos Aires Stock Exchange and others stock exchanges of the country in compliance with the requisites provided by the National Securities Commission (“Comisión Nacional de Valores”) and the rules in force on the subject, as well as on other well-known markets. To that end, it must fulfill all the necessary formalities for the placement of a maximum of 30% (THIRTY PERCENT) of its corporate capital within the following year, as of the moment the MEMORANDUM OF AGREEMENT becomes effective.

 

26.2. At all times the public offering must follow, implement and respect the principles, rights, obligations, duties and rules established by Decree N° 677/01, Public Offering Transparency System.

 

26.3. Upon intervention of the Enforcement Authority and authorization of the LICENSOR pursuant Clause V 2 of the original CONTRACT, the term of the LICENSE shall be extended for a period of 10 (TEN) years at the moment the public offering of shares becomes effective.

 

27. INSURANCE POLICIES

 

27.1. The minimum amount of insurance for general liability pursuant the terms of clause 18 of the LICENSE CONTRACT shall not be less than $ 300,000,000 (THREE HUNDRED MILLION PESOS). This amount shall be kept constant during the whole term of the CONTRACT according to the evolution of the international air station usage rate.

 

27.2. Within 30 (THIRTY) days from the signature of the MEMORANDUM OF AGREEMENT the LICENSEE shall prove before ORSNA the taking out of the policies pursuant the terms of paragraph 27.1.

 

28. PERFORMANCE BOND

 

28.1. It is herein established that the LICENSE CONTRACT guarantees apply to the performance of the obligations undertaken by the LICENSEE in the COMPLETE CONTRACT RENEGOTIATION AGREEMENT.

 

 

28.2. Pursuant to the terms established in the LICENSE CONTRACT, the LICENSEE shall have to maintain a performance bond. Said guarantee shall amount $ 30,000,000 (THIRTY MILLION PESOS).

 

28.3. The amount established in paragraph 28.2 shall be kept constant during the whole term of the LICENSE, basing on the registered evolution of the international air station usage rate.

 

28.4. The creation of this guarantee shall not be invoked by the LICENSEE to reduce or avoid full performance of all the obligations within the framework of the LICENSE CONTRACT.

 

28.5. Pledge of securities or goods and/or mortgages, as well as guarantee bonds shall be offered as guarantee to the satisfaction of ORSNA.

 

29. GUIDELINES AND MECHANISMS FOR THE REVISION OF INCOME AND EXPENSES FINANCIAL PROJECTION

 

29.1. The INCOME AND EXPENSES PROJECTION included in APPENDIX V of this MEMORANDUM, reflects the estimated income, operational expenses, investments and obligations of the LICENSE. The purpose of the annual ordinary revision mechanism is to verify and preserve the equilibrium among the projection variables.

 

29.2. The REVISION MECHANISM shall be carried out on March of each year, becoming operative as of April 1. The fist revision shall be performed on March of 2008.

 

29.3. Within 90 (NINETY) days from the signature of this MEMORANDUM OF AGREEMENT, ORSNA shall refer for the approval of the SECRETARIAT OF TRANSPORT an administrative act project which includes the mechanisms and procedures for the revision of the INCOME AND EXPENSES FINANCIAL PROJECTION of the LICENSE and the guidelines and conditions for the revision process. This regulation shall consider:

 

The percentage of specific allocation of income and the relation between direct investments for account of the LICENSEE and its total income, of every year, In the event of modifications between different periods, a representative discount rate shall be applied, which shall be established by ORSNA in the regulation.

 

 

29.4. If the international passenger traffic exceeds the forecasts considered in the Income and Expenses Financial Projection, the aforementioned procedure shall contemplate that decreases shall be stipulated in the Annual Ordinary Revisions for an annual term in the rates to be paid by the air operators for international flights. This decrease shall be applied until reaching an approximate maximum discount of 30% in relation to the values actually in force, considering the maximum actual entries of the previous year and guaranteeing the equilibrium of the contractual financial and economic equation. These discounts shall only be applicable to those air operators who have expressly and directly declared their consent regarding the renegotiation, the tariff system and chart (without implying a necessary requisite for the legal effect) within 30 days before the decree ratifying the Complete Renegotiation Agreement.

 

29.4. When the Income and Expenses Financial Projection is carried out, the ORSNA shall analyze the convenience and suitability of the following actions:

 

a) Promote a rate decrease system of at least 25% for the airline companies that start to offer new flights after the aforementioned revision, with the purpose of stimulating the growth of the number of international operations of airlines in Argentina – in the licensed airports.

 

b) Extend the decrease in rates if the passenger traffic exceeds the forecasts considered in the contract. For each percentage point of growth above the forecasts, a three-percentage-point discount shall be applied to international rates of the airlines, with a maximum discount of 15%.

 

c) Propose a rate rebalancing system to guarantee the protection of the user of the domestic aero-navigation system and the systemic competitiveness of the navigation model, with the purpose of: i) promoting domestic transportation with discounts and/or elimination of the usage rate for the domestic air-station, ii) reducing the international rates paid by the airlines, by a 30%; and iii) readjusting the usage rates for the international air-station.

 

The provisions of the present clause shall comply with the provisions of clauses 29.1, 29.2 and 29.3.

 

30. ESCROW

 

30.1. The LICENSEE shall be able to assign its escrow income derived from the LICENSE in order to obtain the resources for the fulfillment of its obligations. This assignment shall neither affect the specific allocation of income of the LICENSE stipulated in Appendix III of this MEMORANDUM, pursuant to point 5 of said memorandum, nor affect the resources estimated for financing the Investment Plan detailed in Appendix IV of this presents. If the escrow is constituted by means of a trust it shall remain in force even in the event of the early termination of the LICENSE CONTRACT, as long as the allocation and destiny of the funds are audited by the NATIONAL STATE and/or the consulting company hired for such purpose to the satisfaction of the NATIONAL STATE.

 

 

30.2. Said escrow shall be previously authorized through a grounded resolution by ORSNA, which shall also be responsible for auditing the use of funds.

 

30.3. Under no circumstances shall the aforementioned escrow cause a reduction in service quality, neither shall it affect the fulfillment of the contractual obligations of the LICENSEE. Moreover, it shall recognize the LICENSOR’S powers and prerogatives stipulated in the LICENSE CONTRACT and guarantee the non-execution of rights or actions threatening the continuity of the airport public service.

 

30.4. The LICENSEE shall not have the right to compensation for escrow investments before the end of the escrow. Upon the end of the escrow, the LICENSEE shall be paid the corresponding compensation with the deduction of the amounts for which the income escrow became effective.

 

31. PROGRAM FOR THE DEFENSE AND INTEGRATION OF PHYSICALLY CHALLENGED USERS

 

The LICENSEE shall have to implement a program to provide all the airports under the license with the necessary resources and mechanisms for the proper movement of physically challenged people inside Group “A” of the National Airport System. All of the foregoing shall be done in order to provide and guarantee an appropriate service access. In this regard the LICENSEE, within 90 (NINETY) days from the signature of this MEMORANDUM OF AGREEMENT, shall submit to ORSNA a schedule with a list of the proposed activities. ORSNA shall have a term of 30 days as of the submission for its discussion and resolution. In order to obtain and include the specific problems of disabled users, ORSNA shall request the ASSOCIATION IN DEFENSE OF THE DISABLED CONSUMER (“Asociación Civil en Defensa del Consumidor Discapacitado”) (ADECODIS (as per Spanish abbreviation)) to make the corresponding remarks. The program shall be approved by ORSNA before it becomes effective and it shall be commenced within 30 (THIRTY) days following its approval.

 

 

FIFTH PART

 

1. NATIONAL AIRPORT SYSTEM IMPROVEMENT TRUST

 

1.1. By means of these presents we request the SECRETARIAT OF TRANSPORT to implement the NATIONAL AIRPORT SYSTEM IMPROVEMENT TRUST pursuant the guidelines contemplated in SUBAPPENDIX III-A herein within a term of 120 (ONE HUNDRED AND TWENTY) days from the moment the MEMORANDUM OF AGREEMENT enters into force.

 

SIXTH PART

 

COMPLETE CONTRACT RENEGOTIATION AGREEMENT

 

1. CONDITIONS

 

1.1. For the effect of the COMPLETE CONTRACT RENEGOTIATION AGREEMENT the following conditions shall be complied with:

 

1.1.1. Fulfillment of the procedures contemplated in Laws N° 25,561, 25,790, 25,820, 25,972, 26,077 and 26,204; the Decree N° 311/03 and the Joint Resolution N° 188/2003 and 44/2003 of the Ministries of ECONOMY AND PRODUCTION, and of FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES.

 

1.1.2. The presentation of the duly certified and legalized instruments provided for in the THIRD PART of the present MEMORANDUM OF AGREEMENT.

 

1.1.3. The submission of the Policies and Performance bonds to the satisfaction of ORSNA, pursuant to the terms of points 27 and 28 of the FOURTH PART of these presents.

 

1.1.4. The submission of the Minutes of the Board of Directors and Shareholders’ Meeting of the LICENSEE which approve and authorize the signature of the AGREEMENT.

 

1.2. Upon compliance of those requirements, the conditions to promote the issuance of the Decree of the National Executive Power that ratifies the COMPLETE CONTRACT RENEGOTATION AGREEMENT shall be met. Once the Decree has been issued, the stipulations included in the AGREEMENT shall become effective.

 

 

2. NON-FULFILLMENT

 

2.1. In case of non-fulfillment on part of the LICENSEE in relation with the obligations undertaken under the MEMORANDUM OF AGREEMENT, it shall be subject to the corresponding sanctions. In case there are no express provisions for such sanctions, ORSNA shall determine them pursuant to the terms of the LICENSE AGREEMENT and the rules in force.

 

2.2. The sanctions applied for breach of the CONTRACT shall be proportional to those stipulated for similar situations in the rules in force.

 

3. PROCESSES IMPLEMENTATION AND FOLLOW-UP

 

3.1. UNIREN shall be in charge of giving impulse to the procedures to ratify the present COMPLETE CONTRACT RENEGOTIATION AGREEMENT, and intervene in those requirements made by the LICENSOR or LICENSEE in relation with their duties.

 

3.2. Upon ratification of the COMPLETE CONTRACT RENEGOTIATION AGREEMENT by the National Executive Power, the SECRETARIAT OF TRANSPORT and ORSNA, within their powers, shall perform the acts and develop the procedures necessary for the instrumentation, execution and fulfillment of the provisions herein included.

 

3.3. Within a term of 90 (NINETY) days from the approval of the COMPLETE CONTRACT RENEGOTIATION AGREEMENT by the NATIONAL EXECUTIVE POWER, ORSNA shall issue the integrated and amended text of the LICENSE CONTRACT, including the terms and conditions decided by said AGREEMENT. Moreover, it shall submit the AGREEMENT for the approval by the NATIONAL EXECUTIVE POWER. In this regard, ORSNA shall make to the UNIREN and the LICENSEE the consults and requirements that it considers as necessary.

 

3.4. The Parties agree that any controversy related to the construal or execution of this MEMORANDUM OF AGREEMENT, 55the COMPLETE CONTRACT RENEGOTIATION AGREEMENT and the LICENSE CONTRACT shall be filed and settled before the Federal Courts of the CITY OF BUENOS AIRES, expressly waiving any other jurisdiction or venue that could correspond.

 

3.5. The LICENSEE undertakes not to promote the issuance of preliminary injunctions in its favor or any other action against the NATIONAL STATE related to the LICENSE AGREEMENT before any other courts than the ones established in the previous paragraph 3.4.

 

 

3.6. In case this renegotiation is not approved, all what has been herein agreed does not imply justifying delays, inefficiencies or non-fulfillments of the LICENSE rules on part of any of the Parties before or after the signature of these presents. Moreover, it does not imply waiver or abandonment, on part of the LICENSOR or LICENSEE, of the administrative or judicial actions which they consider to be entitled to for the actual non-fulfillments or circumstances occurred before the date of this MEMORANDUM OF AGREEMENT.

 

4. ENFORCEMENT AUTHORITY

 

As from the approval of the MEMORANDUM OF AGREEMENT, the ENFORCEMENT AUTHORITY of the CONTRACT shall be the MINISTRY OF FEDERAL PLANNING, PUBLIC INVESTMENTS AND SERVICES OF THE NATION, through the SECRETARIAT OF TRANSPORT. ORSNA shall have the function of Regulating and System Controlling Institution. The ENFORCEMENT AUTHORITY shall promote the issuance of the corresponding administrative acts to determine the powers and the correct division of the functions among the aforementioned institutions.

 

5. CONTRACTUAL PROVISIONS

 

The terms and conditions of the LICENSE CONTRACT that have not been modified and do not oppose to this MEMORANDUM OF AGREEMENT are still into force.

 

In witness whereof, 3 (THREE) copies of the same tenor and to only one effect are signed in the place and on the date stated in the heading.

 

 

APPENDIX I

 

AIRPORT STANDARDS / SERVICE QUALITY

 

A. AIRPORT STANDARDS

 

As regards the design, building, operation, administration, maintenance, renewal, improvements, building development, equipment, fittings and systems typical of the airport activity, the applicable standards shall be the ones reasonably established by the National Airport System Regulating Institution – ORSNA – according to the following guidelines:

 

1.

They shall be materially analogous to the ones established in the Airport Development Reference Manual of the IATA and by the ICAO, pursuant to the Chicago Convention of 1944 (appendixes 2.4, 6, 10, 11, 12, 14, 15, 16, 17, 18.).

 

2.

Other airports located abroad shall be taken as reference, based on their type, size and passenger traffic.

 

3.

The equipment shall fulfill the standards of the equipment quality tests carried out by the United States of America.

 

4.

Consideration of the standards of Annex IX of the ICAO (FACILITATION).

 

B. SERVICE QUALITY

 

The ORSNA shall carry out its own convenience assessment and shall have the right to perform inspection activities in all the airports managed by the LICENSEE. The ORSNA does not need to notify in advance the aspects that will be object to inspection. Such inspections shall be carried out with a minimum frequency of a year for each airport with a passenger movement higher than 750,000 (SEVEN HUNDRED AND FIFTY THOUSAND).

 

 

APPENDIX II

 

CHARGE SCHEDULE

 

Landing Fees

 

International Flights

  

US$ per ton		Airport Category
Aircraft weight (tons)		I				II				III				IV
5- 30 tons			4.62				2.75				1.65				1.65
31- 80 tons			5.28				3.30				1.93				1.93
81- 170 tons			6.49				3.96
> 170 tons			7.19
Minimum fee			20.00				10.00				6.00				6.00
Surcharge for an operation out of the normal timetable			260.00				188.00				120.00				120.00
Surcharge for night air field lighting			30	%			30	%			30	%			30	%

 

Domestic Flights

  

US$ per ton		Airport Category
Aircraft weight (tons)		I				II				III				IV
5- 30 tons			1.05				0.67				0.43				0.26
31- 80 tons			1.14				0.76				0.52				-
81- 170 tons			1.26				0.88				-				-
> 170 tons			1.47				-				-				-
Minimum fee			14.10				10.70				7.10				3.60
Surcharge for an operation out of the normal timetable			260.00				188.00				120.00				68.00
Surcharge for night air field lighting			30	%			50	%			30	%			30	%

 

This charge shall be paid by all commercial aircrafts that render regular or non-regular services, and also by the private aviation sector in general, with the exception of those smaller aircrafts that weigh less than 2 tons.

 

•

Landing surcharge

 

International Flights

 

Rush-hour surcharge equal to a 50% of the landing fee, which would only be applied to international flights that land in ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport in the following hours: from 6 to 10 am, and between 6.30 and 9.30 pm for all operations, from Monday to Friday.

 

 

Domestic Flights

 

Rush-hour surcharge equal to a 50% of the landing fee, which would only be applied to domestic flights that land only in ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport in the following hours: from 6 to 10 am, and between 6.30 and 9.30 pm for all operations, from Monday to Friday.

 

Aircraft Parking Fee

 

International Flights

  

US$ per ton per hour or fraction		Airport Category
Aircraft weight (tons)		EZE/AEP				I				II				III				IV
5- 80 tons			0.28				0.14				0.10				0.08				0.08
81- 170 tons			0.39				0.16				0.11				0.09				-
> 170 tons			0.80				0.18				0.12				-				-
Minimum fee			6.00				4.00				2.00				2.00				2.00

 

EZE: Ministro Pistarini-Ezeiza

AEP: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport

 

This charge shall be paid by all commercial aircrafts that render regular or non-regular services, and also by the private aviation sector in general, with the exception of those smaller aircrafts that weigh less than 2 tons.

 

There will be no free-parking time in any airport.

 

Charge for Ezeiza and Aeroparque for aircraft parked only in an operative apron; for aircraft parked in a remote apron, the applicable charge shall be the one corresponding to Category I.

 

Domestic Flights

  

US$ per ton per hour or fraction		Airport Category
Aircraft weight (tons)		EZE/AEP				I				II				III				IV
5- 80 tons			0.17				0.10				0.08				0.06				0.04
81- 170 tons			0.23				0.13				0.10				0.08				-
> 170 tons			0.30				0.17				0.12				-				-
Minimum fee			7.90				5.20				3.30				2.40				1.50

 

 

EZE: Ministro Pistarini-Ezeiza

AEP: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Airport

 

This charge shall be paid by all commercial aircrafts that render regular or non-regular services, and also by the private aviation sector in general, with the exception of those smaller aircrafts that weigh less than 5 tons. These aircrafts shall only pay this charge when parking time is higher than 15 days within a month.

 

There will be no free-parking time in any airport.

 

Charge for Ezeiza and Aeroparque for aircraft parked only in an operative apron; for aircraft parked in a remote apron, the applicable charge shall be the one corresponding to Category I.

 

Air Station Usage Fee

 

International Flights

  

Per boarded passenger

Airport Category

I

II

III

IV

In effect from 01/01/1998

US$

18.00

US$

13.00

US$

13.00

US$

13.00

 

The following people shall not pay this fee: small children, diplomats and in-transit passengers.

 

Passengers traveling in international flights between the city of Buenos Aires and the Republic of Uruguay shall pay an amount equivalent to US$ 8.00 as air station usage fee.

 

Passenger traveling in regional flights, with covered distances shorter than or equal to 300 km., shall pay an amount equivalent to US$ 8.00 as air station usage fee.

 

 

For the purpose of exclusion of the application of the Air Station Usage Fee, small children shall be those who are not yet three years of age, for domestic flights, and children who have not turned two years of age yet, for international flights.

 

“In-transit passenger” is the one who arrives at the airport, makes a stop-over and continues the trip in the same flight. This concept does not include the “passenger in transfer”, who is the one that arrives at the airport and continues the trip an a different flight, and who shall pay this fee.

 

Domestic Flights

  

Per boarded passenger

Airport Category

I

II

III

IV

US$

5.0

US$

3.50

US$

3.50

US$

3.50

 

The following people shall not pay this fee: small children, and in-transit passengers.

 

“In-transit passenger” is the one who arrives at the airport, makes a stop-over and continues the trip in the same flight. This concept does not include the “passenger in transfer”, who is the one that arrives at the airport and continues the trip an a different flight, and who shall pay this fee.

 

Safety Fee

 

International Flights

 

US$ 2.50 fee per international boarded passenger. The following people shall not pay this fee: small children, and in-transit passengers.

 

Domestic Flights

 

US$ 1.00 fee per domestic boarded passenger. The following people shall not pay this fee: small children, and in-transit passengers.

 

 

Single Airport Fee for Migration and Customs Services

 

International Flights

 

A US$ 10 Single Fee is applied per international boarded passenger.

 

Regional Flights

 

Single Fee of US$ 6.

 

It shall be applied to international passengers traveling in regional flights whose final destination is a foreign airport located at a distance shorter than 300 km in a straight line from the departing Argentinean aerodrome.

 

Telescopic Jet way Usage Fee

 

International Flights

 

For each half an hour or fraction		Airports
		Ezeiza				Others
Per aircraft		US$	50.00			US$	50.00

 

Domestic Flights

  

For each half an hour or fraction		Airports
		Ezeiza				Others
Per aircraft		US$	50.00			US$	50.00

 

In-Route Flight Protection Fee

 

International Flights

 

Aircraft weight (MTOW)
< 20 tons	US$ 0.03 x √P
21-40 tons	US$ 0.04 x √P
41-100 tons	US$ 0.05 x √P
> 100 tons	US$ 0.055 x √P
P: Aircraft Weight

 

Applicable to regular and non-regular transportation aircraft, per covered kilometer and ton of weight.

 

 

Domestic Flights

 

Aircraft weight in tons. (MTOW) Fee in US$ per ton. - Covered kilometers

Each ton x 0,0035 x covered kilometers = TPV (domestic)

 

Applicable to regular and non-regular transportation aircrafts (passengers, cargo and mail), and to the private aviation sector in general, per covered kilometer and ton of weight.

 

Landing Support Fee

 

International Flights

 

Aircraft weight (MTOW)
< 20 tons	US$ 0.20 / ton
21-40 tons	US$ 0.40 / ton
41-100 tons	US$ 0.60 / ton
>100 tons	US$ 0.80 / ton

 

This Fee is cumulative per weight band. Example: if an aircraft weighs 318 tons, the first 20 tons are calculated at US$ 0.20 each, the following 20 tons are calculated at US$ 0.40 each, the next 60 tons are calculated at US$ 0.60, and the remaining 218 tons, at US$ 0.80 each.

 

This charge is only applicable in those airports that have their own services and equipment to support landing tasks, that is to say: terminal radars and / or instrument approach systems (ILS).

 

Domestic Flights

 

A fee equivalent to a 50% of the landing support fee for international flights shall be applied, under the same applicability conditions.

 

 

APPENDIX III

 

FUND ALLOCATION PURSUANT TO CLAUSE FIVE

 

FIRST CATEGORY

 

•           11.25% Trust for Works of the National Airport System (Pursuant to Sub-Appendix III A). A 30% (thirty per cent) shall be previously discounted from such funds, to be deposited in an account payable to the ANSES.

 

SECOND CATEGORY

 

•           1,25% Fund for studies, control and regulation of the LICENSE, which shall be administered and managed by the ORSNA.

 

•           2.5% Trust for Works of the GROUP “A” of the National Airport System (Pursuant to Sub-Appendix III A).

 

The ORSNA and/ or the TRANSPORTATION DEPARTMENT can instrument sub-accounts for the purpose of implementing the corresponding cash flow allocation.

 

Likewise, the ORSNA shall, within a period of 120 (one hundred and twenty) working days after this MEMORANDUM OF AGREEMENT came into effect, establish a proceeding for the calculation and oversight of the allocated amounts based on the provided elements, pursuant to the Regulatory Accounting System.

 

Such proceedings shall take into account the treatment and method of payment of the accrued amounts from January, 2006 to the trust creation date, as well as the advanced payments the LICENSEE could have made.

 

 

SUB-APPENDIX Ill-A

 

NATIONAL AIRPORT SYSTEM IMPROVEMENT TRUST

 

Terms and conditions

 

I.

General terms and conditions for all property subject to the National Airport System Improvement Trust.

 

Trustor: AEROPUERTOS ARGENTINA 2000 S.A.

 

Trustee: Banco de la Nación Argentina.

 

Beneficiary: NATIONAL STATE.

 

Investments: the trustee shall only invest the trust property in: (i) fixed term deposits in pesos or US dollars in Argentinean leading financial institutions; (ii) private securities with public offer that have at least an international “AA” risk-scoring; and (iii) mutual funds that invest the assets of the fund in fixed term deposits or private securities that have at least an international “AA” risk-scoring.

 

Fiduciary accounts: they are the accounts opened in the Banco de la Nación Argentina on behalf of the trust and to the order of the trustee. A fiduciary account shall be opened for each property assigned in trust, pursuant to its terms and conditions.

 

Applicable Law: the trust shall be subject to the Law in force in the Republic of Argentina.

 

Usual Clauses: the trust contract shall have the standard clauses for this type of contracts, including the trustor and trustee’s statements and guaranties, the trustor and trustee’s obligations, withdrawal and removal of the trustee, expenses, taxes, rendering of accounts and all provisions covered by Law 24.441.

 

II.

Special terms and conditions for all property subject to the National Airport System Improvement Trust.

 

A)

Trust property for studies, control and regulation of the License.

 

(i)

Usage of this trust property: this trust property shall be used for studies, control and operation expenses of the ORSNA related to the regulation of the LICENSE, in execution of its duties.

 

 

 

(ii)

Trust property: the trustor shall transfer to the trustee, on a monthly basis, on fiduciary ownership, the right to receive the 1.25% of the total income of AEROPUERTOS ARGENTINA 2000 S.A. The proceeds of the investments made by the trustee with the liquid funds and all rights, interests and increases resulting from these, shall also be part of the trust property.

 

(iii)

Beneficiary: the ORSNA

 

(iv)

Term: the property shall be assigned in trust for 30 years, and this term shall be cancelled if the LICENSE is terminated for any reason.

 

B)

Trust property for settlement of Mutual Claims.

 

(i)

Usage of this trust property: the trust property shall be used to pay the balance for MUTUAL CLAIMS to the benefit of the NATIONAL STATE, providing that such amount arises from the documents related to the license contract renegotiation between AEROPUERTOS ARGENTINA 2000 S.A. and the NATIONAL STATE.

 

(ii)

Value: the amount to be settled with the trust property is of $ 195,000,000.

 

(iii)

Trust property: the Trustor shall transfer to the trustee, on fiduciary ownership, the right to get 7% of the income received by AEROPUERTOS ARGENTINA 2000 S.A. as international airport charges (charges in US dollars). The trustor shall transfer such amounts to the corresponding fiduciary accounts. The proceeds of the investments made by the trustee with the liquid funds and all rights, interests and increases resulting from these, shall also be part of the trust property.

 

(iv)

Trust property administration: the Trustee shall be responsible for the administration of the trust property (with the exclusive usage described in paragraph (i) above), pursuant to the instructions given by the TRANSPORTATION DEPARTMENT.

 

(v)

Compensatory interests: the balance shall accrue a compensatory interest equivalent to an annual 2%, which shall be paid on a monthly basis over the unpaid amounts. Payment date for the compensatory interests shall be the first working day of each month.

 

(vi)

Capital repayment: The capital shall be cancelled on a monthly basis on the first working day of each month, based on the available trust property after paying the compensatory rights.

 

(vii)

Beneficiary: NATIONAL STATE

 

(vii)

Beneficiary’s Responsibility: the funds received by the beneficiary shall be used to execute works within the National Airport System. The creation of a secondary fund to be used for not-licensed airports of the National Airport System shall be provided for.

 

(viii)

Term: the trust term for this property shall be extended until the total cancellation thereof and its interests.

 

 

C)

Trust Property to finance Works of the National Airport System.

 

(i)

Usage of this trust property: the trust property shall be exclusively used to finance the infrastructure and service improvement works for the National Airport System.

 

(ii)

Trust Property: the trustor shall transfer to the trustee, on fiduciary ownership, the right to receive 11.25% of its total income. Such transfer shall be made on a monthly basis. The trustor shall transfer such amounts to the corresponding fiduciary accounts. The proceeds of the investments made by the trustee with the liquid funds and all rights, interests and increases resulting from these, shall also be part of the trust property.

 

(iii)

Term: the property shall be assigned in trust for a period no longer than 30 years. The property assigned in trust shall be cancelled if the LICENSE is terminated for any reason.

 

(iv)

Trust property administration: the Trustee shall be responsible for the administration of this trust property (with the exclusive usage described in paragraph (i) above), pursuant to the instructions given by the NATIONAL TRANSPORTATION DEPARTMENT, previous report issued by the ORSNA (National Airport System Regulating Institution). The trustor, acting as LICENSEE, shall be able to submit to the ORSNA (National Airport System Regulating Institution) proposals to execute works, which, like the ones proposed by the Regulating Institution, shall be submitted to the NATIONAL TRANSPORTATION DEPARTMENT, who shall decide the appropriate application of the trust resources.

 

(v)

Beneficiaries: the trustor, acting as licensee of the airports that make up “GROUP A” OF THE NATIONAL AIRPORT SYSTEM, the NATIONAL STATE in relation to the licensed airports, ant the contractors that will execute the airport infrastructure and service improvement works.

 

D)

Trust property to finance works in the airports that make up “Group A” of the National Airport System.

 

(i)

Usage of this trust property: the trust property shall be exclusively used to finance works of the five-year investment plan at the airports that make up “GROUP A” OF THE NATIONAL AIRPORT SYSTEM (pursuant to the terms defined in the license contract entered into between AEROPUERTOS ARGENTINA 2000 S.A. and the NATIONAL STATE) and works included in the new five-year investment plans.

 

(ii)

Trust property: the trustor shall transfer to the trustee in ownership the right to receive the 2.5% of its total income from the exploitation of the LICENSE services. Such transfer shall be made on a monthly basis. The trustor shall transfer such amounts to the corresponding fiduciary accounts. The proceeds of the investments made by the trustee with the liquid funds and all rights, interests and increases resulting from these, shall also be part of the trust property.

 

(iii)

Term: the property shall be assigned in trust for a period no longer than 30 years. The property assigned in trust shall be cancelled if the LICENSE is terminated for any reason.

 

(iv)

Trust property administration: the trustee shall be responsible for the trust property administration, in compliance with the instructions given by the ORSNA (National Airport System Regulating Institution), with the exclusive usage provided for in paragraph (i).

 

 

(v)

Beneficiaries: the trustor, acting as licensee of the airports that make up “GROUP A” OF THE NATIONAL AIRPORT SYSTEM, and the contractors who will execute the works covered by the five-year investment plans.

 

E)

Trust Property for airport works needed due to possible specific rate charges.

 

(i)

Usage: the trust property shall be exclusively used to finance the airport infrastructure works specified by the provisions that gave origin to specific rate charges.

 

(ii)

Trust Property: the trustor shall transfer to the trustee, on fiduciary ownership, the amount equivalent to the 100% of the sums received as specific rate charges that might be created in the future, minus collection expenses, Such transfer shall be carried out with the frequency established by the provision that gave origin to specific rate charges. The trustor shall transfer such amounts to the corresponding fiduciary accounts. The proceeds of the investments made by the trustee with the liquid funds and all rights, interests and increases resulting from these, shall also be part of the trust property.

 

(iii)

Term: the term for each trust property shall be the one established by the provisions that gave origin to specific rate charges. In no case shall this term exceed the 30-year period established by section c) of Article 4° of Law N° 24,441, or the term of effect of the LICENSE CONTRACT, whichever takes place before.

 

(iv)

Fiduciary Administration: the trustee shall be responsible for the trust property administration, with the exclusive usage established by the provisions that gave origin to specific rate charges.

 

(v)

Beneficiaries: the people established by the provisions that gave origin to specific rate charges.

 

 

APPENDIX IV

 

Investment Plan for the 2006-2028 Period

 

CONCESION GRUPO A SNA

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
		5		72				85				86				87				88				89				90				91
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 1)			299
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 2)							9,000
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 2)							350
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 3)											350
Aeroparque		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			1,200				1,426
Aeroparque		BUILDING IV							33,941				14,142
Aeroparque		BUILDING I – SOUTH PARKING							34,572				8,643
Aeroparque		NEW TAXIWAYS, APRON AND RUNWAY EXPANSION							14,873				21,246				21,246
Aeroparque		BUILDING V - DOMESTIC FLIGHTS							2,775				8,324
Aeroparque		CARGO TERMINAL																															12,638
Aeroparque		BULDING VII - INTERNATIONAL																			27,574				27,574
Aeroparque		BUILDING VI – CHECK IN																			12,313				12,313
Aeroparque		PRESIDENTIAL TERMINAL – FBO - VARIOUS																							10,380				10,380
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS
Aeroparque		CHEMICAL BATHROOM TREATMENT PLANT AND SEWER PIPING RETROFITTING
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 11/ year 15
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 16/ year 22
Aeroparque		EXTRAORDINARY MAINTENANCE OF SOUTH VEHICLE STATION AND DIFFERENT BUILDINGS year 16/ year 22
Aeroparque		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											2,160				2,160				2,160				2,160				2,160				2,160
Total Aeroparque					1,499				96,936				54,865				23,406				42,046				52,426				12,540				14,798
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - NEW							748
San ▇▇▇▇▇▇		TERMINAL RETROFITTING											345				345
San ▇▇▇▇▇▇		SURFACE REPAVING OF RUNWAY 10-28																			3,100				3,100
San ▇▇▇▇▇▇		SHOULDER REPAVING OF RUNWAY 10-28																			450				450
San ▇▇▇▇▇▇		▇▇▇▇ AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 10-28																							350
San ▇▇▇▇▇▇		APRON REPAVING
San ▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			60				60
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM OF TAXIWAYS AND NEW HIRLS							150
San ▇▇▇▇▇▇		FITTINGS IN AIR STATIONS											600
San ▇▇▇▇▇▇		MAINTENANCE OF PERIMETER STREET
San ▇▇▇▇▇▇		REPAVING OF RUNWAY 10-28
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - MAINTENANCE
San ▇▇▇▇▇▇		RESTRUCTURING OF AIR STATION – MAINTENANCE
San ▇▇▇▇▇▇		▇▇▇▇▇ INTERVENTIONS IN AIR STATION
San ▇▇▇▇▇▇		POWER PLANT WITH GENERATING SETS - MAINTENANCE
San ▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											42				42				42				42				42				42
Total San ▇▇▇▇▇▇					60				958				987				387				3,592				3,942				42				▇▇
▇▇▇▇▇▇▇▇▇		▇▇▇▇▇▇ REPAVING
Bariloche		NEW INTERNAL SERVICE ROADS											500				500
Bariloche		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			1,035
Bariloche		TAWIWAY REPAVING (year 3)											4,000
Bariloche		APRON EXPANSION (stage 2)			4,704
Bariloche		SHOULDER REPAVING (year 5)																											1,100
Bariloche		INSTALLATION OF AIRFIELD LIGHTING SYSTEM, ALS AND PAPI			600				1,200
Bariloche		DAY MARKING (year 4)															300

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
		5		92				93				94				95				96				97				98				99
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 1)
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 2)
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 2)
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 3)
Aeroparque		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Aeroparque		BUILDING IV
Aeroparque		BUILDING I – SOUTH PARKING
Aeroparque		NEW TAXIWAYS, APRON AND RUNWAY EXPANSION
Aeroparque		BUILDING V - DOMESTIC FLIGHTS
Aeroparque		CARGO TERMINAL			12,638				8,000
Aeroparque		BULDING VII - INTERNATIONAL
Aeroparque		BUILDING VI – CHECK IN
Aeroparque		PRESIDENTIAL TERMINAL – FBO - VARIOUS
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.											922				922				922				922				922
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.																															373
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS											480				480				480				480				480
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS											480				480				480				480				480
Aeroparque		CHEMICAL BATHROOM TREATMENT PLANT AND SEWER PIPING RETROFITTING											230				230				230				230				230
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 11/ year 15											1,000				1,000				1,000				1,000				1,000
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 16/ year 22																															1,143
Aeroparque		EXTRAORDINARY MAINTENANCE OF SOUTH VEHICLE STATION AND DIFFERENT BUILDINGS year 16/ year 22											900				900				900				900				900
Aeroparque		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			2,160				2,160				2,160				2,160				2,160				2,160				2,160				2,160
Total Aeroparque					14,798				10,160				6,172				6,172				6,172				6,172				6,172				3,675
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - NEW
San ▇▇▇▇▇▇		TERMINAL RETROFITTING
San ▇▇▇▇▇▇		SURFACE REPAVING OF RUNWAY 10-28
San ▇▇▇▇▇▇		SHOULDER REPAVING OF RUNWAY 10-28
San ▇▇▇▇▇▇		▇▇▇▇ AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 10-28
San ▇▇▇▇▇▇		APRON REPAVING
San ▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM OF TAXIWAYS AND NEW HIRLS
San ▇▇▇▇▇▇		FITTINGS IN AIR STATIONS
San ▇▇▇▇▇▇		MAINTENANCE OF PERIMETER STREET																															138
San ▇▇▇▇▇▇		REPAVING OF RUNWAY 10-28
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - MAINTENANCE
San ▇▇▇▇▇▇		RESTRUCTURING OF AIR STATION – MAINTENANCE
San ▇▇▇▇▇▇		▇▇▇▇▇ INTERVENTIONS IN AIR STATION							300
San ▇▇▇▇▇▇		POWER PLANT WITH GENERATING SETS - MAINTENANCE																															210
San ▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			42				42				42				42				42				42				42				42
Total San ▇▇▇▇▇▇					42				342				42				42				42				42				42				▇▇▇
▇▇▇▇▇▇▇▇▇		▇▇▇▇▇▇ REPAVING																							4,000				4,000
Bariloche		NEW INTERNAL SERVICE ROADS
Bariloche		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Bariloche		TAWIWAY REPAVING (year 3)
Bariloche		APRON EXPANSION (stage 2)
Bariloche		SHOULDER REPAVING (year 5)
Bariloche		INSTALLATION OF AIRFIELD LIGHTING SYSTEM, ALS AND PAPI
Bariloche		DAY MARKING (year 4)

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
		5		100				101				102				103				104				105				106				107
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 1)																															299
Aeroparque		NEW CONTROL TOWER AND OFFICES (year 2)																															9,000
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 2)																															350
Aeroparque		RETROFFITING OF THE EXISTING SEWAGE PIPING (Stage 3)																															350
Aeroparque		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															2,626
Aeroparque		BUILDING IV																															48,084
Aeroparque		BUILDING I – SOUTH PARKING																															43,215
Aeroparque		NEW TAXIWAYS, APRON AND RUNWAY EXPANSION																															57,365
Aeroparque		BUILDING V - DOMESTIC FLIGHTS																															11,098
Aeroparque		CARGO TERMINAL																															33,276
Aeroparque		BULDING VII - INTERNATIONAL																															55,148
Aeroparque		BUILDING VI – CHECK IN																															24,625
Aeroparque		PRESIDENTIAL TERMINAL – FBO - VARIOUS																															20,760
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.																															4,610
Aeroparque		PAVEMENT MAINTENANCE AND REHABILITATION OF RUNWAY AND APRON AND MARGINS.			373				373				373				373				373				373								2,610
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS																															2,400
Aeroparque		MAINTENANCE  OF AIRFIELD LIGHTING SYSTEMS AND HORIZONTAL MARKINGS																															2,400
Aeroparque		CHEMICAL BATHROOM TREATMENT PLANT AND SEWER PIPING RETROFITTING																															1,150
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 11/ year 15																															5,000
Aeroparque		EXTRAORDINARY MAINTENANCE OF PASSENGER TERMINAL, year 16/ year 22			1,143				1,143				1,143				1,143				1,143				1,143								8,000
Aeroparque		EXTRAORDINARY MAINTENANCE OF SOUTH VEHICLE STATION AND DIFFERENT BUILDINGS year 16/ year 22																															4,500
Aeroparque		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			2,160				2,160				2,160				2,160				2,160				2,160				2,000				45,195
Total Aeroparque					3,675				3,675				3,675				3,675				3,675				3,675				2,000				382,061
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - NEW																															748
San ▇▇▇▇▇▇		TERMINAL RETROFITTING																															690
San ▇▇▇▇▇▇		SURFACE REPAVING OF RUNWAY 10-28																															6,200
San ▇▇▇▇▇▇		SHOULDER REPAVING OF RUNWAY 10-28																															900
San ▇▇▇▇▇▇		▇▇▇▇ AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 10-28																															350
San ▇▇▇▇▇▇		APRON REPAVING															800																800
San ▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															120
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM OF TAXIWAYS AND NEW HIRLS																															150
San ▇▇▇▇▇▇		FITTINGS IN AIR STATIONS																															600
San ▇▇▇▇▇▇		MAINTENANCE OF PERIMETER STREET																															138
San ▇▇▇▇▇▇		REPAVING OF RUNWAY 10-28															2,500																2,500
San ▇▇▇▇▇▇		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 10-28 HIRLS - MAINTENANCE															300																300
San ▇▇▇▇▇▇		RESTRUCTURING OF AIR STATION – MAINTENANCE															600																600
San ▇▇▇▇▇▇		▇▇▇▇▇ INTERVENTIONS IN AIR STATION																															300
San ▇▇▇▇▇▇		POWER PLANT WITH GENERATING SETS - MAINTENANCE																															210
San ▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			42				42				42				42				42				42								840
Total San ▇▇▇▇▇▇					42				42				42				4,242				42				42								15,446
Bariloche		RUNWAY REPAVING																															8,000
Bariloche		NEW INTERNAL SERVICE ROADS																															1,000
Bariloche		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															1,035
Bariloche		TAWIWAY REPAVING (year 3)																															4,000
Bariloche		APRON EXPANSION (stage 2)																															4,704
Bariloche		SHOULDER REPAVING (year 5)																															1,100
Bariloche		INSTALLATION OF AIRFIELD LIGHTING SYSTEM, ALS AND PAPI																															1,800
Bariloche		DAY MARKING (year 4)																															300

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Bariloche

PAX TERMINAL RESTRUCTURING (year 7)

2,000

Bariloche

APRON AND COMMERCIAL APRON EXPANSION

3,750

Bariloche

VEHICLE PARKING

Bariloche

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

240

240

Bariloche

COLLECTION OF PARKING CHARGES

300

Bariloche

PASSENGER FLOW RETROFITTING

30▇

▇▇▇▇▇▇▇▇▇

▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇1/29, MARGINS AND LEVELING OF STRIPS

5,175

5,175

Bariloche

MAINTENANCE AND REHABILITATION OF RUNWAY, TAXIWAYS AND APRONS

Bariloche

DAY MARKING MAINTENANCE (year 11- year 15)

Bariloche

DAY MARKING MAINTENANCE (year 16- year 22)

Bariloche

INTERNAL SERVICE ROADS

Bariloche

SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Bariloche

PASSENGER TERMINAL RETROFITTING (year 11- year 15)

Bariloche

PASSENGER TERMINAL RETROFITTING (year 16- year 22)

Bariloche

SAFETY ROAD ADAPTATION

Bariloche

COMMERCIAL APRON LIGHTING

1,240

Bariloche

PARKING SPACES, ACCESSES AND ROADS

Bariloche

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

240

240

240

240

240

240

Bariloche

JOINT AND CRACK SEALING

220

Total Bariloche

7,399

2,680

4,740

1,040

240

5,415

8,515

3,990

Córdoba

NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 18-36 AND ALS

1,900

Córdoba

FIRE/ NETWORK (included in COR 264)

Córdoba

REPAVING OF RUNWAY 18-36 AND TAXIWAYS

13,650

Córdoba

NEW CORDOBA TERMINAL (REDUC). STAGE I AND CONNECTOR

14,829

Córdoba

EXISTING TERMINAL RETROFITTING

5,000

Córdoba

REPAVING OF RUNWAY 5-23

8,000

Córdoba

NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23 HIGH INTENSITY BASIC

1,600

Córdoba

DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 5)

2,000

Córdoba

DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 9)

Córdoba

INFORMATION SIGNS

119

Córdoba

CATERING WASTE MANAGEMENT (year 6)

1,500

Córdoba

CCTV NETWORK AND CAMMERA (year 4)

400

Córdoba

CONTROL TOWER AND GPO

3,000

Córdoba

NEW UNCOVERED PARKING SPACE (year 6)

Córdoba

EXPANSION OF APRON AND  GENERAL AVIATION APRON

Córdoba

WEATHER STATION RENOVATION (stage 1)

Córdoba

WEATHER STATION RELOCATION AND RENOVATION (stage 2)

724

Córdoba

TAXIWAY REPAVING

2,500

Córdoba

PLANE APRON LIGHTING

180

Córdoba

BUILDING OF PARALLEL TAXIWAY

Córdoba

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

678

678

Córdoba

DAY MARKINGS

86

Córdoba

LEVELING AND RECONDITIONING OF 05-23 RUNWAY STRIP

Córdoba

MAINTENANCE AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 11- year 15)

Córdoba

DAY MARKING MAINTENANCE (year 11- year 15)

Córdoba

DAY MARKING MAINTENANCE (year 16- year 22)

Córdoba

TELESCOPIC JET WAYS

Córdoba

RETROFFITING OF NEW TERMINAL AND TELESCOPIC JET WAYS

Córdoba

SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Bariloche		PAX TERMINAL RESTRUCTURING (year 7)
Bariloche		APRON AND COMMERCIAL APRON EXPANSION			3,750
Bariloche		VEHICLE PARKING			500
Bariloche		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Bariloche		COLLECTION OF PARKING CHARGES
Bariloche		PASSENGER FLOW RETROFITTING
Bariloche		LENGTHENING OF RUNWAY 11/29, MARGINS AND LEVELING OF STRIPS
Bariloche		MAINTENANCE AND REHABILITATION OF RUNWAY, TAXIWAYS AND APRONS																															543
Bariloche		DAY MARKING MAINTENANCE (year 11- year 15)											440				440				440				440				440
Bariloche		DAY MARKING MAINTENANCE (year 16- year 22)																															314
Bariloche		INTERNAL SERVICE ROADS											400				400				400				400				40▇
▇▇▇▇▇▇▇▇▇		▇▇▇▇▇▇ ▇REATMENT NETWORK AND TREATMENT PLANT											240				240				240				240				240
Bariloche		PASSENGER TERMINAL RETROFITTING (year 11- year 15)											400				400				400				400				400
Bariloche		PASSENGER TERMINAL RETROFITTING (year 16- year 22)																															42▇
▇▇▇▇▇▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇ ▇DAPTATION											160				160				160				160				160
Bariloche		COMMERCIAL APRON LIGHTING
Bariloche		PARKING SPACES, ACCESSES AND ROADS																															214
Bariloche		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			240				240				240				240				240				240				240				240
Bariloche		JOINT AND CRACK SEALING
Total Bariloche					4,490				240				1,880				1,880				1,880				5,880				5,880				1,740
Córdoba		NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 18-36 AND ALS
Córdoba		FIRE/ NETWORK (included in COR 264)
Córdoba		REPAVING OF RUNWAY 18-36 AND TAXIWAYS
Córdoba		NEW CORDOBA TERMINAL (REDUC). STAGE I AND CONNECTOR
Córdoba		EXISTING TERMINAL RETROFITTING
Córdoba		REPAVING OF RUNWAY 5-23
Córdoba		NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23 HIGH INTENSITY BASIC
Córdoba		DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 5)
Córdoba		DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 9)			2,000
Córdoba		INFORMATION SIGNS
Córdoba		CATERING WASTE MANAGEMENT (year 6)
Córdoba		CCTV NETWORK AND CAMMERA (year 4)
Córdoba		CONTROL TOWER AND GPO
Córdoba		NEW UNCOVERED PARKING SPACE (year 6)			2,900
Córdoba		EXPANSION OF APRON AND  GENERAL AVIATION APRON							6,000
Córdoba		WEATHER STATION RENOVATION (stage 1)
Córdoba		WEATHER STATION RELOCATION AND RENOVATION (stage 2)
Córdoba		TAXIWAY REPAVING
Córdoba		PLANE APRON LIGHTING
Córdoba		BUILDING OF PARALLEL TAXIWAY							20,681
Córdoba		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Córdoba		DAY MARKINGS
Córdoba		LEVELING AND RECONDITIONING OF 05-23 RUNWAY STRIP											1,060				1,060				1,060				1,060				1,060
Córdoba		MAINTENANCE AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 11- year 15)											800				800				800				800				800
Córdoba		DAY MARKING MAINTENANCE (year 11- year 15)											320				320				320				320				320
Córdoba		DAY MARKING MAINTENANCE (year 16- year 22)																															86
Córdoba		TELESCOPIC JET WAYS											680				680				680				680				680
Córdoba		RETROFFITING OF NEW TERMINAL AND TELESCOPIC JET WAYS																															714
Córdoba		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															171

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Bariloche		PAX TERMINAL RESTRUCTURING (year 7)																															2,000
Bariloche		APRON AND COMMERCIAL APRON EXPANSION																															7,500
Bariloche		VEHICLE PARKING																															500
Bariloche		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															480
Bariloche		COLLECTION OF PARKING CHARGES																															300
Bariloche		PASSENGER FLOW RETROFITTING																															30▇
▇▇▇▇▇▇▇▇▇		▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇1/29, MARGINS AND LEVELING OF STRIPS																															10,350
Bariloche		MAINTENANCE AND REHABILITATION OF RUNWAY, TAXIWAYS AND APRONS			543				543				543				543				543				543								3,800
Bariloche		DAY MARKING MAINTENANCE (year 11- year 15)																															2,200
Bariloche		DAY MARKING MAINTENANCE (year 16- year 22)			314				314				314				314				314				314								2,200
Bariloche		INTERNAL SERVICE ROADS																															2,000
Bariloche		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															1,200
Bariloche		PASSENGER TERMINAL RETROFITTING (year 11- year 15)																															2,000
Bariloche		PASSENGER TERMINAL RETROFITTING (year 16- year 22)			429				429				429				429				429				429								3,000
Bariloche		SAFETY ROAD ADAPTATION																															800
Bariloche		COMMERCIAL APRON LIGHTING																															1,240
Bariloche		PARKING SPACES, ACCESSES AND ROADS			214				214				214				214				214				214								1,500
Bariloche		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			240				240				240				240				240				240								4,802
Bariloche		JOINT AND CRACK SEALING																															220
Total Bariloche					1,740				1,740				1,740				1,740				1,740				1,740								68,331
Córdoba		NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 18-36 AND ALS																															1,900
Córdoba		FIRE/ NETWORK (included in COR 264)
Córdoba		REPAVING OF RUNWAY 18-36 AND TAXIWAYS																															13,650
Córdoba		NEW CORDOBA TERMINAL (REDUC). STAGE I AND CONNECTOR																															14,829
Córdoba		EXISTING TERMINAL RETROFITTING																															5,000
Córdoba		REPAVING OF RUNWAY 5-23																															8,000
Córdoba		NEW AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23 HIGH INTENSITY BASIC																															1,600
Córdoba		DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 5)																															2,000
Córdoba		DIFFERENT INTERVENTIONS TO PAX TERMINAL (year 9)																															2,000
Córdoba		INFORMATION SIGNS																															119
Córdoba		CATERING WASTE MANAGEMENT (year 6)																															1,500
Córdoba		CCTV NETWORK AND CAMMERA (year 4)																															400
Córdoba		CONTROL TOWER AND GPO																															3,000
Córdoba		NEW UNCOVERED PARKING SPACE (year 6)																															2,900
Córdoba		EXPANSION OF APRON AND  GENERAL AVIATION APRON																															6,000
Córdoba		WEATHER STATION RENOVATION (stage 1)
Córdoba		WEATHER STATION RELOCATION AND RENOVATION (stage 2)																															724
Córdoba		TAXIWAY REPAVING																															2,500
Córdoba		PLANE APRON LIGHTING																															180
Córdoba		BUILDING OF PARALLEL TAXIWAY																															20,681
Córdoba		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															1,356
Córdoba		DAY MARKINGS																															86
Córdoba		LEVELING AND RECONDITIONING OF 05-23 RUNWAY STRIP																															5,300
Córdoba		MAINTENANCE AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 11- year 15)																															4,000
Córdoba		DAY MARKING MAINTENANCE (year 11- year 15)																															1,600
Córdoba		DAY MARKING MAINTENANCE (year 16- year 22)			86				86				86				86				86				86								600
Córdoba		TELESCOPIC JET WAYS																															3,400
Córdoba		RETROFFITING OF NEW TERMINAL AND TELESCOPIC JET WAYS			714				714				714				714				714				714								5,000
Córdoba		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			171				171				171				171				171				171								1,200

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
Córdoba		MAINTENANCE  AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 16- year 22)
Córdoba		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											475				475				475				475				475				475
Total Córdoba					21,435				4,358				14,125				3,375				2,475				1,975				11,475				47▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇		▇▇▇ ▇▇▇▇▇▇▇▇ ▇IGHTING SYSTEM. HIGH INTENSITY CAT I SERIES											768				768
Comodoro Rivadavia		FIRE / NETWORK			633
Comodoro Rivadavia		RUNWAY PAVEMENT REPAIR											1,000				1,000
Comodoro Rivadavia		TAWIWAY AND MARGIN REPAVING (year 5)																			2,541
Comodoro Rivadavia		APRON REPAVING (year 5)																			2,000
Comodoro Rivadavia		DAY MARKING (year 5)																			240
Comodoro Rivadavia		STORM DRAINAGE SYSTEM																			530
Comodoro Rivadavia		VEHICLE PARKING																			250
Comodoro Rivadavia		PAX TERMINAL EXPANSION (year 7)																											3,000
Comodoro Rivadavia		SAFETY ROAD (year 4)															600
Comodoro Rivadavia		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			155				155
Comodoro Rivadavia		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Comodoro Rivadavia		TAXIWAY AIR LIGHITING SYSTEM
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND WALL OF THE PERIMETER FENCE							700
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Comodoro Rivadavia		ROADS AND INTERNAL SERVICE ROADS
Comodoro Rivadavia		PASSENGER TERMINAL RETROFITTING
Comodoro Rivadavia		PARKING SPACES, ROADS AND INTERNAL ROADS
Comodoro Rivadavia		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											155				155				155				155				155				155
Total Comodoro Rivadavia					788				855				1,923				2,523				5,716				155				3,155				155
Catamarca		NEW HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM			1,747
Catamarca		REPAVING OF ROAD, TAXIWAYS AND APRON			6,728
Catamarca		ROAD SYSTEMS AND INTERNAL ROADS							1,000
Catamarca		RUNWAY DECONTAMINATION											120
Catamarca		SEWER LIQUID TREATMENT PLANT			263
Catamarca		DAY MARKING (year 2004)			345
Catamarca		SHOULDER REPAIR (year 10)
Catamarca		SAFETY ROAD											540				540
Catamarca		PAX TERMINAL RESTRUCTURING (year 8)																															750
Catamarca		APRON EXPANSION (year 6)																											2,300
Catamarca		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			68				68
Catamarca		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											68				68				68				68				68				68
Catamarca		PASSENGER TERMINAL RETROFITTING
Catamarca		PARKING SPACES, ROADS AND INTERNAL ROADS
Catamarca		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Catamarca		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Catamarca		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15
Catamarca		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Catamarca					9,150				1,068				728				608				68				68				2,368				818
Esquel		TERMINAL RETROFITTING											1,000

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Córdoba		MAINTENANCE  AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 16- year 22)																															429
Córdoba		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			475				475				475				475				475				475				475				475
Total Córdoba					5,375				27,156				3,335				3,335				3,335				3,335				3,335				1,875
Comodoro Rivadavia		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES
Comodoro Rivadavia		FIRE / NETWORK
Comodoro Rivadavia		RUNWAY PAVEMENT REPAIR
Comodoro Rivadavia		TAWIWAY AND MARGIN REPAVING (year 5)
Comodoro Rivadavia		APRON REPAVING (year 5)
Comodoro Rivadavia		DAY MARKING (year 5)
Comodoro Rivadavia		STORM DRAINAGE SYSTEM
Comodoro Rivadavia		VEHICLE PARKING
Comodoro Rivadavia		PAX TERMINAL EXPANSION (year 7)
Comodoro Rivadavia		SAFETY ROAD (year 4)
Comodoro Rivadavia		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Comodoro Rivadavia		LEVELING AND RECONDITIONING OF RUNWAY STRIP											1,220				1,220				1,220				1,220				1,220
Comodoro Rivadavia		TAXIWAY AIR LIGHITING SYSTEM											340				340				340				340				340
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND WALL OF THE PERIMETER FENCE
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															257
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											500				500				500				500				500
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															357
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											360				360				360				360				360
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															257
Comodoro Rivadavia		ROADS AND INTERNAL SERVICE ROADS											240				240				240				240				240
Comodoro Rivadavia		PASSENGER TERMINAL RETROFITTING											320				320				320				320				320
Comodoro Rivadavia		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
Comodoro Rivadavia		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			155				155				155				155				155				155				155				155
Total Comodoro Rivadavia					155				155				3,135				3,135				3,135				3,135				3,135				1,141
Catamarca		NEW HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM
Catamarca		REPAVING OF ROAD, TAXIWAYS AND APRON
Catamarca		ROAD SYSTEMS AND INTERNAL ROADS
Catamarca		RUNWAY DECONTAMINATION
Catamarca		SEWER LIQUID TREATMENT PLANT
Catamarca		DAY MARKING (year 2004)
Catamarca		SHOULDER REPAIR (year 10)							1,000
Catamarca		SAFETY ROAD
Catamarca		PAX TERMINAL RESTRUCTURING (year 8)			750
Catamarca		APRON EXPANSION (year 6)
Catamarca		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Catamarca		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			68				68				68				68				68				68				68				68
Catamarca		PASSENGER TERMINAL RETROFITTING											240				240				240				240				240
Catamarca		PARKING SPACES, ROADS AND INTERNAL ROADS																															57
Catamarca		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															129
Catamarca		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Catamarca		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15											200				200				200				200				200
Catamarca		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											180				180				180				180				180
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															129
Total Catamarca					818				1,068				688				688				688				688				688				639
Esquel		TERMINAL RETROFITTING

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Córdoba		MAINTENANCE  AND REPAIR OF RUNWAYS, TAXIWAYS AND APRONS (year 16- year 22)			429				429				429				429				429				429								3,000
Córdoba		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			475				475				475				475				475				475								9,492
Total Córdoba					1,875				1,875				1,875				1,875				1,875				1,875								122,016
Comodoro Rivadavia		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES																															1,535
Comodoro Rivadavia		FIRE / NETWORK																															633
Comodoro Rivadavia		RUNWAY PAVEMENT REPAIR																															2,000
Comodoro Rivadavia		TAWIWAY AND MARGIN REPAVING (year 5)																															2,541
Comodoro Rivadavia		APRON REPAVING (year 5)																															2,000
Comodoro Rivadavia		DAY MARKING (year 5)																															▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇		STORM DRAINAGE SYSTEM																															530
Comodoro Rivadavia		VEHICLE PARKING																															250
Comodoro Rivadavia		PAX TERMINAL EXPANSION (year 7)																															3,000
Comodoro Rivadavia		SAFETY ROAD (year 4)																															600
Comodoro Rivadavia		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															310
Comodoro Rivadavia		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															6,100
Comodoro Rivadavia		TAXIWAY AIR LIGHITING SYSTEM																															1,700
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND WALL OF THE PERIMETER FENCE																															700
Comodoro Rivadavia		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			257				257				257				257				257				257								1,800
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															2,500
Comodoro Rivadavia		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			357				357				357				357				357				357								2,500
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,800
Comodoro Rivadavia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			257				257				257				257				257				257								1,800
Comodoro Rivadavia		ROADS AND INTERNAL SERVICE ROADS																															1,200
Comodoro Rivadavia		PASSENGER TERMINAL RETROFITTING																															1,600
Comodoro Rivadavia		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
Comodoro Rivadavia		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			155				155				155				155				155				155								3,108
Total Comodoro Rivadavia					1,141				1,141				1,141				1,141				1,141				1,141								39,247
Catamarca		NEW HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM																															1,747
Catamarca		REPAVING OF ROAD, TAXIWAYS AND APRON																															6,728
Catamarca		ROAD SYSTEMS AND INTERNAL ROADS																															1,000
Catamarca		RUNWAY DECONTAMINATION																															120
Catamarca		SEWER LIQUID TREATMENT PLANT																															263
Catamarca		DAY MARKING (year 2004)																															345
Catamarca		SHOULDER REPAIR (year 10)																															1,000
Catamarca		SAFETY ROAD																															1,080
Catamarca		PAX TERMINAL RESTRUCTURING (year 8)																															1,500
Catamarca		APRON EXPANSION (year 6)																															2,300
Catamarca		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															136
Catamarca		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			68				68				68				68				68				68								1,358
Catamarca		PASSENGER TERMINAL RETROFITTING																															1,200
Catamarca		PARKING SPACES, ROADS AND INTERNAL ROADS			57				57				57				57				57				57								400
Catamarca		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			129				129				129				129				129				129								900
Catamarca		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Catamarca		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15																															1,000
Catamarca		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															900
Catamarca		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			129				129				129				129				129				129								900
Total Catamarca					639				639				639				639				639				639								24,676
Esquel		TERMINAL RETROFITTING																															1,000

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Esquel

BASIC HIGH INTENSITY AIRFIELD LIGHTING

650

▇▇▇

▇▇▇▇▇▇

▇▇▇▇▇▇ DECONTAMINATION, FILLING OF JOINTS AND CRACKS

▇▇▇

▇▇▇▇▇▇

▇▇▇▇▇▇ REPAVING (year 8)

9,000

Esquel

TAXIWAY REPAVING

Esquel

APRON REPAVING (year 5)

Esquel

SHOULDER REPAVING (year 4)

400

Esquel

SAFETY ROAD

600

Esquel

ALS AIRFIELD LIGHTING SYSTEM INSTALLATION

1,000

Esquel

APRON EXPANSION (2016)

Esquel

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

49

49

Esquel

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

49

49

49

49

49

49

Esquel

PASSENGER TERMINAL RETROFITTING

Esquel

PARKING SPACES, ROADS AND INTERNAL ROADS

Esquel

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Esquel

ADEQUATION OF SAFETY ROAD AND PERIMETER FENCE

Esquel

MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15

Esquel

MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Esquel

AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)

Esquel

AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)

Total Esquel

409

49

1,699

1,699

649

49

49

9,449

Ezeiza

MOVE OF AEROLINEAS ARGENTINAS TO TERMINAL A

1,315

Ezeiza

GARBAGE DUMP SANITATION

455

545

Ezeiza

AIRFIELD LIGHTING RING (stage 1)

1,050

Ezeiza

REP. OF TAXIWAY AND AIRFIELD LIGHTING ALF, BRA, JULIETTE, CARGO APRON  STAGE 2 (sub-stage 3 2006)

3,395

Ezeiza

SURFACE REPAVING IN APRON, 9 TO 13 POSITIONS    (STAGE 3)

3,767

Ezeiza

SURFACE REPAVING IN APRON, 2 TO 8 POSITIONS    (STAGE 4)

3,039

Ezeiza

SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN MAIN TAXIWAY  (ACROSS FROM APRON 8 TO 2 POSITION) (STAGE 5)

2,471

1,736

Ezeiza

SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN  TAXIWAY CHARLY (STAGE 6)

1,575

Ezeiza

PERIMETER FENCE

750

Ezeiza

INTERNATIONAL TERMINAL RETROFITTING

Ezeiza

INTERNATIONAL PASSENGER TERMINAL RETROFITTING (year 16- year 22)

Ezeiza

DOMESTIC PASSENGER TERMINAL RETROFITTING (year 16- year 22)

Ezeiza

SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN TAXIWAY HOTEL (STAGE 7)

4,050

Ezeiza

SURFACE REPAVING  AND AIRFIELD LIGHTING SYSTEM  IN  TAXIWAY GOLF (STAGE 9)

1,253

1,879

Ezeiza

MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 11 - year 15)

Ezeiza

MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 16 - year 22)

Ezeiza

ADAPTATION OF PERIMETER FENCE, SAFETY ROAD AND SIGNS (year 16 – year 22)

Ezeiza

DAY MARKING (year 11- year 15)

Ezeiza

DAY MARKING (year 16- year 22)

Ezeiza

FIRE NETWORK RENOVATION

Ezeiza

TELESCOPIC JET WAYS

Ezeiza

COMMERCIAL APRON EXPANSION

Ezeiza

SALS AIRFIELD LIGHTING SYSTEM FOR RUNWAY 11-29

750

Ezeiza

CATERING WASTE MATERIAL MANAGEMENT

1,700

Ezeiza

RUNWAY MT RING (year 6)

Ezeiza

FIRE-FIGHTERS’ SATELLITE  STATION AND  PLATFORM CONTROL

1,750

Ezeiza

RETROFITTING  OF MONITORING SYSTEM AND AIRFIELD LIGHTING SYSTEM CONTROL

2,603

Ezeiza

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

2,965

3,798

Ezeiza

FIRE-FIGHTING HYDRATING SYSTEMS IN APRON

850

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Esquel		BASIC HIGH INTENSITY AIRFIELD LIGHTING
Esquel		RUNWAY DECONTAMINATION, FILLING OF JOINTS AND CRACKS
Esquel		RUNWAY REPAVING (year 8)
Esquel		TAXIWAY REPAVING			1,000
Esquel		APRON REPAVING (year 5)							1,000
Esquel		SHOULDER REPAVING (year 4)
Esquel		SAFETY ROAD
Esquel		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION
Esquel		APRON EXPANSION (2016)											1,400
Esquel		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Esquel		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			49				49				49				49				49				49				49				49
Esquel		PASSENGER TERMINAL RETROFITTING											80				80				80				80				80
Esquel		PARKING SPACES, ROADS AND INTERNAL ROADS																															29
Esquel		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															57
Esquel		ADEQUATION OF SAFETY ROAD AND PERIMETER FENCE																															29
Esquel		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15											200				200				200				200				200
Esquel		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															14▇
▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ ▇IGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)											120				120				120				120				120
Esquel		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)																															86
Total Esquel					1,049				1,049				1,849				449				449				449				449				392
Ezeiza		MOVE OF AEROLINEAS ARGENTINAS TO TERMINAL A
Ezeiza		GARBAGE DUMP SANITATION
Ezeiza		AIRFIELD LIGHTING RING (stage 1)
Ezeiza		REP. OF TAXIWAY AND AIRFIELD LIGHTING ALF, BRA, JULIETTE, CARGO APRON  STAGE 2 (sub-stage 3 2006)
Ezeiza		SURFACE REPAVING IN APRON, 9 TO 13 POSITIONS    (STAGE 3)
Ezeiza		SURFACE REPAVING IN APRON, 2 TO 8 POSITIONS    (STAGE 4)
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN MAIN TAXIWAY  (ACROSS FROM APRON 8 TO 2 POSITION) (STAGE 5)
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN  TAXIWAY CHARLY (STAGE 6)
Ezeiza		PERIMETER FENCE
Ezeiza		INTERNATIONAL TERMINAL RETROFITTING																			13,500				13,500
Ezeiza		INTERNATIONAL PASSENGER TERMINAL RETROFITTING (year 16- year 22)																															1,571
Ezeiza		DOMESTIC PASSENGER TERMINAL RETROFITTING (year 16- year 22)																															2,214
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN TAXIWAY HOTEL (STAGE 7)
Ezeiza		SURFACE REPAVING  AND AIRFIELD LIGHTING SYSTEM  IN  TAXIWAY GOLF (STAGE 9)
Ezeiza		MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 11 - year 15)																			3,500				3,500				3,500
Ezeiza		MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 16 - year 22)																															2,857
Ezeiza		ADAPTATION OF PERIMETER FENCE, SAFETY ROAD AND SIGNS (year 16 – year 22)																															1,000
Ezeiza		DAY MARKING (year 11- year 15)											130				130				130				130				130
Ezeiza		DAY MARKING (year 16- year 22)																															93
Ezeiza		FIRE NETWORK RENOVATION											300				300				300				300				300
Ezeiza		TELESCOPIC JET WAYS																															486
Ezeiza		COMMERCIAL APRON EXPANSION											4,280				4,280				4,280				4,280				4,280
Ezeiza		SALS AIRFIELD LIGHTING SYSTEM FOR RUNWAY 11-29
Ezeiza		CATERING WASTE MATERIAL MANAGEMENT
Ezeiza		RUNWAY MT RING (year 6)			8,000				10,000
Ezeiza		FIRE-FIGHTERS’ SATELLITE  STATION AND  PLATFORM CONTROL
Ezeiza		RETROFITTING  OF MONITORING SYSTEM AND AIRFIELD LIGHTING SYSTEM CONTROL
Ezeiza		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Ezeiza		FIRE-FIGHTING HYDRATING SYSTEMS IN APRON

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Esquel		BASIC HIGH INTENSITY AIRFIELD LIGHTING																															1,300
Esquel		RUNWAY DECONTAMINATION, FILLING OF JOINTS AND CRACKS																															36▇
▇▇▇▇▇▇		▇▇▇▇▇▇ ▇EPAVING (year 8)																															9,000
Esquel		TAXIWAY REPAVING																															1,000
Esquel		APRON REPAVING (year 5)																															1,000
Esquel		SHOULDER REPAVING (year 4)																															400
Esquel		SAFETY ROAD																															600
Esquel		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION																															1,000
Esquel		APRON EXPANSION (2016)																															1,400
Esquel		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															98
Esquel		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			49				49				49				49				49				49								980
Esquel		PASSENGER TERMINAL RETROFITTING																															400
Esquel		PARKING SPACES, ROADS AND INTERNAL ROADS			29				29				29				29				29				29								200
Esquel		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			57				57				57				57				57				57								400
Esquel		ADEQUATION OF SAFETY ROAD AND PERIMETER FENCE			29				29				29				29				29				29								200
Esquel		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS year 11 – year 15																															1,000
Esquel		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Esquel		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)																															60▇
▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ ▇IGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)			86				86				86				86				86				86								600
Total Esquel					392				392				392				392				392				392								22,538
Ezeiza		MOVE OF AEROLINEAS ARGENTINAS TO TERMINAL A																															1,315
Ezeiza		GARBAGE DUMP SANITATION																															1,000
Ezeiza		AIRFIELD LIGHTING RING (stage 1)																															1,050
Ezeiza		REP. OF TAXIWAY AND AIRFIELD LIGHTING ALF, BRA, JULIETTE, CARGO APRON  STAGE 2 (sub-stage 3 2006)																															3,395
Ezeiza		SURFACE REPAVING IN APRON, 9 TO 13 POSITIONS    (STAGE 3)																															3,767
Ezeiza		SURFACE REPAVING IN APRON, 2 TO 8 POSITIONS    (STAGE 4)																															3,039
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN MAIN TAXIWAY  (ACROSS FROM APRON 8 TO 2 POSITION) (STAGE 5)																															4,207
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN  TAXIWAY CHARLY (STAGE 6)																															1,575
Ezeiza		PERIMETER FENCE																															750
Ezeiza		INTERNATIONAL TERMINAL RETROFITTING																															27,000
Ezeiza		INTERNATIONAL PASSENGER TERMINAL RETROFITTING (year 16- year 22)			1,571				1,571				1,571				1,571				1,571				1,571								11,000
Ezeiza		DOMESTIC PASSENGER TERMINAL RETROFITTING (year 16- year 22)			2,214				2,214				2,214				2,214				2,214				2,214								15,500
Ezeiza		SURFACE REPAVING AND AIRFIELD LIGHTING SYSTEM IN TAXIWAY HOTEL (STAGE 7)																															4,050
Ezeiza		SURFACE REPAVING  AND AIRFIELD LIGHTING SYSTEM  IN  TAXIWAY GOLF (STAGE 9)																															3,132
Ezeiza		MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 11 - year 15)																															10,500
Ezeiza		MAINTENANCE  AND REHABILITATION OF PAVEMENTS OF H° , OF RUNWAYS, TAXIWAYS AND APRONS (year 16 - year 22)			2,857				2,857				2,857				2,857				2,857				2,857								20,000
Ezeiza		ADAPTATION OF PERIMETER FENCE, SAFETY ROAD AND SIGNS (year 16 – year 22)			1,000				1,000				1,000				1,000				1,000				1,000								7,000
Ezeiza		DAY MARKING (year 11- year 15)																															650
Ezeiza		DAY MARKING (year 16- year 22)			93				93				93				93				93				93								650
Ezeiza		FIRE NETWORK RENOVATION																															1,500
Ezeiza		TELESCOPIC JET WAYS			486				486				486				486				486				486								3,400
Ezeiza		COMMERCIAL APRON EXPANSION																															21,400
Ezeiza		SALS AIRFIELD LIGHTING SYSTEM FOR RUNWAY 11-29																															750
Ezeiza		CATERING WASTE MATERIAL MANAGEMENT																															1,700
Ezeiza		RUNWAY MT RING (year 6)																															18,000
Ezeiza		FIRE-FIGHTERS’ SATELLITE  STATION AND  PLATFORM CONTROL																															1,750
Ezeiza		RETROFITTING  OF MONITORING SYSTEM AND AIRFIELD LIGHTING SYSTEM CONTROL																															2,603
Ezeiza		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															6,763
Ezeiza		FIRE-FIGHTING HYDRATING SYSTEMS IN APRON																															850

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
Ezeiza		ARRIVAL MIGRATION SECTION RESTRUCTURING IN TERMINAL A (1-5)			1,500
Ezeiza		RENOVATION OF ARSA SUB-STATION AND MT FEEDER							873
Ezeiza		RENOVATION OF INTERNATIONAL SET TGBT BOARDS							719
Ezeiza		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			550				440
Ezeiza		APRONS Phase I							9,493				9,493
Ezeiza		APRONS Phase II															9,093
Ezeiza		APRONS Phase III																			14,439
Ezeiza		TAXIWAYS															33,816				33,816
Ezeiza		MARKINGS, LIGHTING AND AIRFIELD LIGHTING SYSTEMS											1,140				1,140				1,140				1,140				1,140
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase I)							2,620				7,859
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)											26,195				26,195
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)															10,478				10,478
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase IVI)
Ezeiza		APRON CONTROL																											1,108
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase I)															34,068				34,068
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase II)
Ezeiza		SOUTH FINGER																			16,359				16,359				16,359
Ezeiza		PARKING															16,195				16,195
Ezeiza		BRIDGES TO JET WAYS															8,963				8,963
Ezeiza		DEMOLITIONS Phase I							3,041
Ezeiza		DEMOLITIONS Phase II											1,369				1,369
Ezeiza		ROAD SYSTEMS															1,711				1,711
Ezeiza		MISCELLANEOUS INSTALLATIONS																							1,639				1,639				1,639
Ezeiza		ADVANCED SURVEY OF HYDRAULIC NETWORKS (STAGE 2)			600
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 11- year 15)
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 16- year 22)
Ezeiza		GENERAL AVIATION TERMINAL AND PARKING LOTS (year 11 – year 15)
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 11 – year 15).
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 16 – year 22).
Ezeiza		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											2,349				2,467				1,860				1,860				1,859				3,919
Ezeiza		REPAVING OF RUNWAY 11-29															10,000				10,000
Ezeiza		REPAVING OF RUNWAY 17-35																															25,874
Total Ezeiza					26,805				29,231				48,950				157,946				150,780				21,749				22,106				31,433
Formosa		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES											1,306
Formosa		FIRE-FIGHTING NETWORK			690
Formosa		EXISTING TERMINAL RETROFITTING			61▇
▇▇▇▇▇▇▇		▇▇▇▇▇▇ ▇EPAVING AND STRIP ADAPTATION
Formosa		TAXIWAY REPAVING
Formosa		APRON REPAVING
Formosa		SERVICE ROAD															400
Formosa		SAFETY ROAD																															700
Formosa		PAX TERMINAL RESTRUCTURING
Formosa		APRON EXPANSION															850
Formosa		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			42				42
Formosa		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											42				42				42				42				42				42
Formosa		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Formosa		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

 

  

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Ezeiza		ARRIVAL MIGRATION SECTION RESTRUCTURING IN TERMINAL A (1-5)
Ezeiza		RENOVATION OF ARSA SUB-STATION AND MT FEEDER
Ezeiza		RENOVATION OF INTERNATIONAL SET TGBT BOARDS
Ezeiza		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Ezeiza		APRONS Phase I
Ezeiza		APRONS Phase II
Ezeiza		APRONS Phase III
Ezeiza		TAXIWAYS
Ezeiza		MARKINGS, LIGHTING AND AIRFIELD LIGHTING SYSTEMS
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase I)
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase IVI)			20,956
Ezeiza		APRON CONTROL
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase I)
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase II)			22,712				22,712				8,000
Ezeiza		SOUTH FINGER
Ezeiza		PARKING
Ezeiza		BRIDGES TO JET WAYS
Ezeiza		DEMOLITIONS Phase I
Ezeiza		DEMOLITIONS Phase II
Ezeiza		ROAD SYSTEMS
Ezeiza		MISCELLANEOUS INSTALLATIONS			1,639
Ezeiza		ADVANCED SURVEY OF HYDRAULIC NETWORKS (STAGE 2)
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 11- year 15)							3,167				3,167				3,167				3,167				3,167				3,167
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 16- year 22)																															1,714
Ezeiza		GENERAL AVIATION TERMINAL AND PARKING LOTS (year 11 – year 15)											600				600				600				600				600
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 11 – year 15).											700				700				700				700				700
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 16 – year 22).																															329
Ezeiza		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			2,660				2,619				3,198				1,198				1,198				2,198				2,198				2,043
Ezeiza		REPAVING OF RUNWAY 11-29
Ezeiza		REPAVING OF RUNWAY 17-35
Total Ezeiza					55,968				38,498				20,375				10,375				27,375				28,375				14,875				12,307
Formosa		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES
Formosa		FIRE-FIGHTING NETWORK
Formosa		EXISTING TERMINAL RETROFITTING
Formosa		RUNWAY REPAVING AND STRIP ADAPTATION			8,500
Formosa		TAXIWAY REPAVING			700
Formosa		APRON REPAVING			400
Formosa		SERVICE ROAD
Formosa		SAFETY ROAD
Formosa		PAX TERMINAL RESTRUCTURING							1,000
Formosa		APRON EXPANSION
Formosa		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Formosa		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			42				42				42				42				42				42				42				42
Formosa		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															71
Formosa		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															86
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143

 

 

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Ezeiza		ARRIVAL MIGRATION SECTION RESTRUCTURING IN TERMINAL A (1-5)																															1,500
Ezeiza		RENOVATION OF ARSA SUB-STATION AND MT FEEDER																															873
Ezeiza		RENOVATION OF INTERNATIONAL SET TGBT BOARDS																															719
Ezeiza		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															990
Ezeiza		APRONS Phase I																															18,985
Ezeiza		APRONS Phase II																															9,093
Ezeiza		APRONS Phase III																															14,439
Ezeiza		TAXIWAYS																															67,632
Ezeiza		MARKINGS, LIGHTING AND AIRFIELD LIGHTING SYSTEMS																															5,702
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase I)																															10,478
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)																															52,391
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase II)																															20,956
Ezeiza		CASE AND CIRCULATING CONNECTION (Phase IVI)																															20,956
Ezeiza		APRON CONTROL																															1,108
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase I)																															68,137
Ezeiza		HALL WITH MIRRORS AND CONCOURSE (Phase II)																															53,424
Ezeiza		SOUTH FINGER																															49,076
Ezeiza		PARKING																															32,390
Ezeiza		BRIDGES TO JET WAYS																															17,927
Ezeiza		DEMOLITIONS Phase I																															3,041
Ezeiza		DEMOLITIONS Phase II																															2,737
Ezeiza		ROAD SYSTEMS																															3,421
Ezeiza		MISCELLANEOUS INSTALLATIONS																															6,558
Ezeiza		ADVANCED SURVEY OF HYDRAULIC NETWORKS (STAGE 2)																															600
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 11- year 15)																															19,000
Ezeiza		COVERED AND UNCOVERED PARKING LOTS (year 16- year 22)			1,714				1,714				1,714				1,714				1,714				1,714								12,000
Ezeiza		GENERAL AVIATION TERMINAL AND PARKING LOTS (year 11 – year 15)																															3,000
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 11 – year 15).																															3,500
Ezeiza		ELECTRICAL, WATER, FIRE AND SEWER SYSTEMS, AND SEWER TREATMENT PLANTS AND CHEMICAL BATHROOMS (year 16 – year 22).			329				329				329				329				329				329								2,300
Ezeiza		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			2,043				2,043				2,043				2,043				2,043				2,043				2,002				45,885
Ezeiza		REPAVING OF RUNWAY 11-29																															20,000
Ezeiza		REPAVING OF RUNWAY 17-35																															25,874
Total Ezeiza					12,307				12,307				12,307				12,307				12,307				12,307				2,002				772,990
Formosa		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES																															1,306
Formosa		FIRE-FIGHTING NETWORK																															690
Formosa		EXISTING TERMINAL RETROFITTING																															▇▇▇
▇▇▇▇▇▇▇		▇▇▇▇▇▇ REPAVING AND STRIP ADAPTATION																															8,500
Formosa		TAXIWAY REPAVING																															700
Formosa		APRON REPAVING																															400
Formosa		SERVICE ROAD																															400
Formosa		SAFETY ROAD																															700
Formosa		PAX TERMINAL RESTRUCTURING																															1,000
Formosa		APRON EXPANSION																															850
Formosa		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															84
Formosa		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			42				42				42				42				42				42								840
Formosa		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			71				71				71				71				71				71								500
Formosa		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			86				86				86				86				86				86								600
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Formosa		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000

 

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Formosa					1,342				42				1,348				1,292				42				42				42				742
Gral. Pico		PERIMETER FENCE (final stage)			60
Gral. Pico		LEVELING OF RUNWAY STRIP EDGE AND SOLUTION FOR FLOODING			276				505
Gral. Pico		PAVEMENT REPAIRS IN RUNWAY, APRON AND TAXIWAYS							571				1,429
Gral. Pico		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS			394
Gral. Pico		RUNWAY REPAVING																											3,000
Gral. Pico		PAX TERMINAL EXPANSION																															600
Gral. Pico		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			51				51
Gral. Pico		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											51				51				51				51				51				51
Gral. Pico		PASSENGER TERMINAL RETROFITTING
Gral. Pico		PARKING SPACES, ROADS AND INTERNAL ROADS
Gral. Pico		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Gral. Pico		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Gral. Pico		TAXIWAY AIR LIGHITING SYSTEM
Gral. Pico		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Gral. Pico					781				1,128				1,480				51				51				51				3,051				651
Iguazú		PAX TERMINAL RETROFITTING			5,000
Iguazú		REPAVING OF TAXIWAYS AND APRON																											5,580
Iguazú		DRINKING WATER NETWORK							242				104
Iguazú		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT							483				207
Iguazú		PAX TERMINAL RETROFITTING (year 8)																															3,000
Iguazú		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION							1,000
Iguazú		APRON EXPANSION											3,000
Iguazú		CONTROL TOWER											1,250
Iguazú		LIGHTING OF ACCESSES AND SERVICE ROADS							350
Iguazú		ELECTRICAL NETWORK TO RADIO AIDS							1,200
Iguazú		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			170				170
Iguazú		RUNWAY MARGINS																			3,000
Iguazú		COMMERCIAL AND CARGO APRON EXPANSION
Iguazú		PAX TERMINAL RETROFITTING
Iguazú		DAY MARKINGS															360
Iguazú		HIGH INTENSITY AIRFIELD LIGHTING SYSTEM
Iguazú		STRIP LEVELING AND RETROFITTING
Iguazú		TAXIWAYS
Iguazú		COMMERCIAL AND CARGO APRON LIGHTING											340
Iguazú		ALS AIRFIELD LIGHTING AND VERTICAL MARKINGS
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS
Iguazú		ACCESSES AND INTERNAL ROADS
Iguazú		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											170				170				170				170				170				170
Total Iguazú					5,170				3,445				5,071				530				3,170				170				5,750				3,170
La Rioja		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE I)							2,940
La Rioja		SURFACE REPAVING – APRON AND TAXIWAYS																															1,000

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											180				180				180				180				180
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															129
Total Formosa					9,642				1,042				422				422				422				422				422				471
Gral. Pico		PERIMETER FENCE (final stage)
Gral. Pico		LEVELING OF RUNWAY STRIP EDGE AND SOLUTION FOR FLOODING
Gral. Pico		PAVEMENT REPAIRS IN RUNWAY, APRON AND TAXIWAYS
Gral. Pico		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS
Gral. Pico		RUNWAY REPAVING
Gral. Pico		PAX TERMINAL EXPANSION
Gral. Pico		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Gral. Pico		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			51				51				51				51				51				51				51				51
Gral. Pico		PASSENGER TERMINAL RETROFITTING																															171
Gral. Pico		PARKING SPACES, ROADS AND INTERNAL ROADS																															57
Gral. Pico		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															114
Gral. Pico		LEVELING AND RECONDITIONING OF RUNWAY STRIP											180				180				180				180				180
Gral. Pico		TAXIWAY AIR LIGHITING SYSTEM											340				340				340				340				340
Gral. Pico		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															257
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											480				480				480				480				480
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															343
Total Gral. Pico					51				51				1,251				1,251				1,251				1,251				1,251				1,137
Iguazú		PAX TERMINAL RETROFITTING
Iguazú		REPAVING OF TAXIWAYS AND APRON
Iguazú		DRINKING WATER NETWORK
Iguazú		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Iguazú		PAX TERMINAL RETROFITTING (year 8)
Iguazú		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION
Iguazú		APRON EXPANSION
Iguazú		CONTROL TOWER
Iguazú		LIGHTING OF ACCESSES AND SERVICE ROADS
Iguazú		ELECTRICAL NETWORK TO RADIO AIDS
Iguazú		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Iguazú		RUNWAY MARGINS
Iguazú		COMMERCIAL AND CARGO APRON EXPANSION											700				700				700				700				700
Iguazú		PAX TERMINAL RETROFITTING																															821
Iguazú		DAY MARKINGS
Iguazú		HIGH INTENSITY AIRFIELD LIGHTING SYSTEM											280				280				280				280				280
Iguazú		STRIP LEVELING AND RETROFITTING			240				240				240				240				240
Iguazú		TAXIWAYS											142				142				142				142				142
Iguazú		COMMERCIAL AND CARGO APRON LIGHTING
Iguazú		ALS AIRFIELD LIGHTING AND VERTICAL MARKINGS											300				300				300				300				300
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS											500				500				500				500				500
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS																															▇▇▇
▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ AND INTERNAL ROADS											60				60				60				60				60
Iguazú		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			170				170				170				170				170				170				170				170
Total Iguazú					410				410				2,392				2,392				2,392				2,152				2,152				1,349
La Rioja		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE I)
La Rioja		SURFACE REPAVING – APRON AND TAXIWAYS			1,000

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															900
Formosa		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			129				129				129				129				129				129								900
Total Formosa					471				471				471				471				471				471								20,980
Gral. Pico		PERIMETER FENCE (final stage)																															60
Gral. Pico		LEVELING OF RUNWAY STRIP EDGE AND SOLUTION FOR FLOODING																															781
Gral. Pico		PAVEMENT REPAIRS IN RUNWAY, APRON AND TAXIWAYS																															2,000
Gral. Pico		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS																															394
Gral. Pico		RUNWAY REPAVING																															3,000
Gral. Pico		PAX TERMINAL EXPANSION																															600
Gral. Pico		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															102
Gral. Pico		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			51				51				51				51				51				51								1,022
Gral. Pico		PASSENGER TERMINAL RETROFITTING			171				171				171				171				171				171								1,200
Gral. Pico		PARKING SPACES, ROADS AND INTERNAL ROADS			57				57				57				57				57				57								400
Gral. Pico		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			114				114				114				114				114				114								800
Gral. Pico		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															900
Gral. Pico		TAXIWAY AIR LIGHITING SYSTEM																															1,700
Gral. Pico		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			257				257				257				257				257				257								1,800
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Gral. Pico		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															2,400
Gral. Pico		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			343				343				343				343				343				343								2,400
Total Gral. Pico					1,137				1,137				1,137				1,137				1,137				1,137								21,560
Iguazú		PAX TERMINAL RETROFITTING																															5,000
Iguazú		REPAVING OF TAXIWAYS AND APRON																															5,580
Iguazú		DRINKING WATER NETWORK																															345
Iguazú		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															690
Iguazú		PAX TERMINAL RETROFITTING (year 8)																															3,000
Iguazú		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION																															1,000
Iguazú		APRON EXPANSION																															3,000
Iguazú		CONTROL TOWER																															1,250
Iguazú		LIGHTING OF ACCESSES AND SERVICE ROADS																															350
Iguazú		ELECTRICAL NETWORK TO RADIO AIDS																															1,200
Iguazú		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															340
Iguazú		RUNWAY MARGINS																															3,000
Iguazú		COMMERCIAL AND CARGO APRON EXPANSION																															3,500
Iguazú		PAX TERMINAL RETROFITTING			821				821				821				821				821				821								5,750
Iguazú		DAY MARKINGS																															360
Iguazú		HIGH INTENSITY AIRFIELD LIGHTING SYSTEM																															1,400
Iguazú		STRIP LEVELING AND RETROFITTING																															1,200
Iguazú		TAXIWAYS																															710
Iguazú		COMMERCIAL AND CARGO APRON LIGHTING																															340
Iguazú		ALS AIRFIELD LIGHTING AND VERTICAL MARKINGS																															1,500
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS																															2,500
Iguazú		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, APRONS AND TAXIWAYS			357				357				357				357				357				357								2,500
Iguazú		ACCESSES AND INTERNAL ROADS																															300
Iguazú		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			170				170				170				170				170				170								3,402
Total Iguazú					1,349				1,349				1,349				1,349				1,349				1,349								48,217
La Rioja		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE I)																															2,940
La Rioja		SURFACE REPAVING – APRON AND TAXIWAYS																															2,000

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
La Rioja		EXISTING TERMINAL RETROFITTING			440				660
La Rioja		MAINTENANCE OF ROAD SYSTEMS AND INTERNAL ROADS
La Rioja		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			460
La Rioja		PAN SQUADRON
La Rioja		ACCESS – ROADS																			770
La Rioja		VEHICLE PARKING																			180
La Rioja		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			83				83
La Rioja		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE II and III)															1,000
La Rioja		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											83				83				83				83				83				83
La Rioja		PASSENGER TERMINAL RETROFITTING
La Rioja		PARKING SPACES, ROADS AND INTERNAL ROADS
La Rioja		LEVELING AND RECONDITIONING OF RUNWAY STRIP
La Rioja		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																			1,000
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
La Rioja		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)
Total La Rioja					983				3,683				83				1,083				2,033				83				83				1,083
Jujuy		TERMINAL AND JET WAY RETROFITTING			989				2,307
Jujuy		RUNWAY AND NORTH TAXIWAY REPAVING			1,545				3,605
Jujuy		STRIP ADAPTATION AND OUTLINING OF PERIMETER ROAD			1,950
Jujuy		PERIMETER FENCE			700
Jujuy		ADAPTATION OF AIRFIELD LIGHTING SYSTEM FOR RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS
Jujuy		REPAVING OF RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS
Jujuy		REPAVING OF SOUTH AND PARALLEL TAXIWAY, DAY MARKINGS AND ADAPTATION OF AIRFIELD LIGHTING SYSTEMS.
Total Jujuy					5,184				5,912
Malargüe		AIRFIELD LIGHTING SYSTEM REPAIR							345
Malargüe		AUTOMATIC TRANSFER AND GEL			273
▇▇▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇			▇▇▇				▇▇▇
▇▇▇▇▇▇▇▇		REPAVING OF RUNWAY 14-32
Malargüe		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			39				39
Malargüe		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											39				39				39				39				39				39
Malargüe		PASSENGER TERMINAL RETROFITTING
Malargüe		PARKING SPACES, ROADS AND INTERNAL ROADS
Malargüe		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Malargüe		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Malargüe		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Malargüe					481				1,229				39				39				39				39				39				39
San ▇▇▇▇		RUNWAY REPAVING			8,300
San ▇▇▇▇		NEW CAT 1 AND PAPI, HIGH INTENSITY AIRFIELD LIGHTING SYSTEM			2,200
San ▇▇▇▇		PERIMETER FENCE AND AEROCLUB ACCESS GATE			170
San ▇▇▇▇		TERMINAL RETROFITTING			1,278				852
San ▇▇▇▇		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT							805
San ▇▇▇▇		FLOODING SOLUTION - STAGE 2			460
San ▇▇▇▇		TAXIWAY REPAVING			4,200
San ▇▇▇▇		APRON REPAVING			1,500

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
La Rioja		EXISTING TERMINAL RETROFITTING
La Rioja		MAINTENANCE OF ROAD SYSTEMS AND INTERNAL ROADS			300				300
La Rioja		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
La Rioja		PAN SQUADRON							500
La Rioja		ACCESS – ROADS
La Rioja		VEHICLE PARKING
La Rioja		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
La Rioja		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE II and III)
La Rioja		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			83				83				83				83				83				83				83				83
La Rioja		PASSENGER TERMINAL RETROFITTING																															129
La Rioja		PARKING SPACES, ROADS AND INTERNAL ROADS																															43
La Rioja		LEVELING AND RECONDITIONING OF RUNWAY STRIP											120				120				120				120				120
La Rioja		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															86
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
La Rioja		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)
Total La Rioja					1,383				883				203				203				203				203				203				340
Jujuy		TERMINAL AND JET WAY RETROFITTING
Jujuy		RUNWAY AND NORTH TAXIWAY REPAVING
Jujuy		STRIP ADAPTATION AND OUTLINING OF PERIMETER ROAD
Jujuy		PERIMETER FENCE
Jujuy		ADAPTATION OF AIRFIELD LIGHTING SYSTEM FOR RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS											370				370				370				370				370
Jujuy		REPAVING OF RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS											1,052				1,052				1,052				1,052				1,052
Jujuy		REPAVING OF SOUTH AND PARALLEL TAXIWAY, DAY MARKINGS AND ADAPTATION OF AIRFIELD LIGHTING SYSTEMS.																															703
Total Jujuy													1,422				1,422				1,422				1,422				1,422				▇▇▇
▇▇▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING SYSTEM REPAIR
Malargüe		AUTOMATIC TRANSFER AND GEL
Malargüe		TERMINAL RETROFITTING
Malargüe		REPAVING OF RUNWAY 14-32			2,900				2,900
Malargüe		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Malargüe		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			39				39				39				39				39				39				39				39
Malargüe		PASSENGER TERMINAL RETROFITTING																															171
Malargüe		PARKING SPACES, ROADS AND INTERNAL ROADS																															57
Malargüe		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															114
Malargüe		LEVELING AND RECONDITIONING OF RUNWAY STRIP											260				260				260				260				260
Malargüe		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															86
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)											240				240				240				240				240
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)																															171
Total Malargüe					2,939				2,939				739				739				739				739				739				▇▇▇
▇▇▇ ▇▇▇▇		▇▇▇▇▇▇ REPAVING
San ▇▇▇▇		NEW CAT 1 AND PAPI, HIGH INTENSITY AIRFIELD LIGHTING SYSTEM
San ▇▇▇▇		PERIMETER FENCE AND AEROCLUB ACCESS GATE
San ▇▇▇▇		TERMINAL RETROFITTING
San ▇▇▇▇		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
San ▇▇▇▇		FLOODING SOLUTION - STAGE 2
San ▇▇▇▇		TAXIWAY REPAVING
San ▇▇▇▇		APRON REPAVING

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
La Rioja		EXISTING TERMINAL RETROFITTING																															1,100
La Rioja		MAINTENANCE OF ROAD SYSTEMS AND INTERNAL ROADS																															600
La Rioja		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															460
La Rioja		PAN SQUADRON																															500
La Rioja		ACCESS – ROADS																															770
La Rioja		VEHICLE PARKING																															180
La Rioja		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															▇▇▇
▇▇ ▇▇▇▇▇		▇▇▇ ▇▇▇▇▇▇▇▇ LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES (STAGE II and III)																															1,000
La Rioja		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			83				83				83				83				83				83								1,660
La Rioja		PASSENGER TERMINAL RETROFITTING			129				129				129				129				129				129								900
La Rioja		PARKING SPACES, ROADS AND INTERNAL ROADS			43				43				43				43				43				43								300
La Rioja		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															600
La Rioja		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			86				86				86				86				86				86								600
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
La Rioja		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)											1,000																				1,000
La Rioja		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)			160				160				160				160				160												800
Total La Rioja					500				500				1,500				500				500				340								16,576
Jujuy		TERMINAL AND JET WAY RETROFITTING																															3,295
Jujuy		RUNWAY AND NORTH TAXIWAY REPAVING																															5,150
Jujuy		STRIP ADAPTATION AND OUTLINING OF PERIMETER ROAD																															1,950
Jujuy		PERIMETER FENCE																															700
Jujuy		ADAPTATION OF AIRFIELD LIGHTING SYSTEM FOR RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS																															1,850
Jujuy		REPAVING OF RUNWAY AND NORTH TAXIWAY, AND DAY MARKINGS																															5,260
Jujuy		REPAVING OF SOUTH AND PARALLEL TAXIWAY, DAY MARKINGS AND ADAPTATION OF AIRFIELD LIGHTING SYSTEMS.			703				703				703				703				703				703								4,920
Total Jujuy					703				703				703				703				703				703								23,125
Malargüe		AIRFIELD LIGHTING SYSTEM REPAIR																															345
Malargüe		AUTOMATIC TRANSFER AND GEL																															273
Malargüe		TERMINAL RETROFITTING																															1,014
Malargüe		REPAVING OF RUNWAY 14-32																															5,800
Malargüe		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															77
Malargüe		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			39				39				39				39				39				39								770
Malargüe		PASSENGER TERMINAL RETROFITTING			171				171				171				171				171				171								1,200
Malargüe		PARKING SPACES, ROADS AND INTERNAL ROADS			57				57				57				57				57				57								400
Malargüe		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			114				114				114				114				114				114								800
Malargüe		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,300
Malargüe		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			86				86				86				86				86				86								600
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Malargüe		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,200
Malargüe		AIRFIELD LIGHTING  AND DAY MARKING MAINTENANCE (year 16- year 22)			171				171				171				171				171				171								1,200
Total Malargüe					781				781				781				781				781				781								16,979
San ▇▇▇▇		RUNWAY REPAVING																															8,300
San ▇▇▇▇		NEW CAT 1 AND PAPI, HIGH INTENSITY AIRFIELD LIGHTING SYSTEM																															2,200
San ▇▇▇▇		PERIMETER FENCE AND AEROCLUB ACCESS GATE																															170
San ▇▇▇▇		TERMINAL RETROFITTING																															2,130
San ▇▇▇▇		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															805
San ▇▇▇▇		FLOODING SOLUTION - STAGE 2																															460
San ▇▇▇▇		TAXIWAY REPAVING																															4,200
San ▇▇▇▇		APRON REPAVING																															1,500

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

San ▇▇▇▇

ACCESSES – ROADS (year 4)

250

San ▇▇▇▇

SAFETY ROAD

300

San ▇▇▇▇

ACCESS LIGHTING

150

San ▇▇▇▇

PAX TERMINAL RESTRUCTURING (year 6)

2,800

San ▇▇▇▇

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

61

61

San ▇▇▇▇

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

61

61

61

61

61

61

San ▇▇▇▇

PARKING SPACES, ROADS AND INTERNAL ROADS

San ▇▇▇▇

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

San ▇▇▇▇

LEVELING AND RECONDITIONING OF RUNWAY STRIP

San ▇▇▇▇

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

San ▇▇▇▇

MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

San ▇▇▇▇

MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

San ▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

San ▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total San ▇▇▇▇

18,169

1,718

61

461

361

2,861

61

▇▇

▇▇▇ ▇▇▇ ▇▇▇▇▇

▇▇▇▇▇▇ AND TAXIWAY REPAVING

5,500

Mar del Plata

APRON SLAB REPAIR

1,000

Mar del Plata

900 MTS ALS AIRFIELD LIGHTING SYSTEM

▇▇▇

▇▇▇ ▇▇▇ ▇▇▇▇▇

▇▇▇▇▇▇ DECONTAMINATION

120

Mar del Plata

SEWER LIQUID TREATMENT PLANT

▇▇▇

▇▇▇ ▇▇▇ ▇▇▇▇▇

TAXIWAY REPAVING AND EXPANSION IN 3 meters (or width) AND MARGINS

3,000

Mar del Plata

STORM-WATER DRAINAGE NETWORK

400

Mar del Plata

SAFETY ROAD (year 5)

Mar del Plata

CCTV NETWORK AND CAMMERA (year 4)

▇▇▇

▇▇▇ ▇▇▇ ▇▇▇▇▇

▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LIGHTING SYSTEM IN TAXIWAYS

1,000

Mar del Plata

PAX TERMINAL EXPANSION (year 11- year 15)

Mar del Plata

INTERNAL SERVICE ROADS

600

Mar del Plata

PERIMETER ROAD REPAIR AND COMPACTION

167

33

Mar del Plata

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

174

174

Mar del Plata

LEVELING AND RECONDITIONING OF RUNWAY STRIP

860

860

860

Mar del Plata

COMMERCIAL AND CARGO APRON EXPANSION

Mar del Plata

COMMERCIAL AND CARGO APRON LIGHTING

Mar del Plata

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 11 – year 15)

Mar del Plata

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 16 – year 22)

Mar del Plata

DAY MARKINGS 2011-15

340

340

340

Mar del Plata

DAY MARKINGS (year 11- year 15)

Mar del Plata

DAY MARKINGS  (year 16- year 22)

Mar del Plata

PAX TERMINAL RETROFITTING

Mar del Plata

REPOWERING AND GEL

Mar del Plata

ACCESSES, ROADS AND INTERNAL ROADS

Mar del Plata

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

174

174

174

174

174

174

Total Mar del Plata

174

340

4,777

574

6,674

2,974

1,374

1,374

▇▇▇▇▇▇▇

ALS 420MTS CAT 1 AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 36 (NEW)

903

▇▇▇▇▇▇▇

PARKING ▇▇▇ ▇▇▇▇▇▇▇▇▇

▇▇▇

▇▇▇▇▇▇▇

▇▇▇▇▇▇ AND TAXIWAY PAVEMENT REPAIR 2º ▇▇▇▇▇

▇▇▇

▇▇▇

▇▇▇▇▇▇▇

TAXIWAY PAVEMENT REPAIR

2,400

2,400

2,400

2,400

2,400

▇▇▇▇▇▇▇

APRON REPAIR AND EXPANSION

3,500

▇▇▇▇▇▇▇

VEHICLE ▇▇▇▇▇▇▇

▇▇▇

▇▇▇▇▇▇▇

▇▇▇▇▇▇ ▇▇▇▇

1,000

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
San ▇▇▇▇		ACCESSES – ROADS (year 4)
San ▇▇▇▇		SAFETY ROAD
San ▇▇▇▇		ACCESS LIGHTING
San ▇▇▇▇		PAX TERMINAL RESTRUCTURING (year 6)
San ▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
San ▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			61				61				61				61				61				61				61				61
San ▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
San ▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															71
San ▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP											160				160				160				160				160
San ▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															71
San ▇▇▇▇		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
San ▇▇▇▇		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
San ▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											160				160				160				160				160
San ▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total San ▇▇▇▇					61				61				581				581				581				581				581				575
Mar del Plata		RUNWAY AND TAXIWAY REPAVING
Mar del Plata		APRON SLAB REPAIR
Mar del Plata		900 MTS ALS AIRFIELD LIGHTING SYSTEM
Mar del Plata		RUNWAY DECONTAMINATION
Mar del Plata		SEWER LIQUID TREATMENT PLANT
Mar del Plata		TAXIWAY REPAVING AND EXPANSION IN 3 meters (or width) AND MARGINS
Mar del Plata		STORM-WATER DRAINAGE NETWORK
Mar del Plata		SAFETY ROAD (year 5)																															264
Mar del Plata		CCTV NETWORK AND CAMMERA (year 4)
Mar del Plata		HIGH INTENSITY AIRFIELD LIGHTING SYSTEM IN TAXIWAYS
Mar del Plata		PAX TERMINAL EXPANSION (year 11- year 15)											700				700				700				700				700
Mar del Plata		INTERNAL SERVICE ROADS
Mar del Plata		PERIMETER ROAD REPAIR AND COMPACTION
Mar del Plata		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Mar del Plata		LEVELING AND RECONDITIONING OF RUNWAY STRIP			860				860
Mar del Plata		COMMERCIAL AND CARGO APRON EXPANSION											660				660				660				660				660
Mar del Plata		COMMERCIAL AND CARGO APRON LIGHTING											220				220				220				220				220
Mar del Plata		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 11 – year 15)											400				400				400				400				400
Mar del Plata		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 16 – year 22)																															286
Mar del Plata		DAY MARKINGS 2011-15			340				340
Mar del Plata		DAY MARKINGS (year 11- year 15)											340				340				340				340				340
Mar del Plata		DAY MARKINGS  (year 16- year 22)																															243
Mar del Plata		PAX TERMINAL RETROFITTING																															286
Mar del Plata		REPOWERING AND GEL																															43
Mar del Plata		ACCESSES, ROADS AND INTERNAL ROADS											300				300				300				300				300
Mar del Plata		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			174				174				174				174				174				174				174				174
Total Mar del Plata					1,374				1,374				2,794				2,794				2,794				2,794				2,794				1,295
▇▇▇▇▇▇▇		ALS 420MTS CAT 1 AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 36 (NEW)
▇▇▇▇▇▇▇		PARKING LOT EXPANSION
▇▇▇▇▇▇▇		RUNWAY AND TAXIWAY PAVEMENT REPAIR 2º STAGE
▇▇▇▇▇▇▇		TAXIWAY PAVEMENT REPAIR
▇▇▇▇▇▇▇		APRON REPAIR AND EXPANSION
▇▇▇▇▇▇▇		VEHICLE PARKING
▇▇▇▇▇▇▇		SAFETY ROAD

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
San ▇▇▇▇		ACCESSES – ROADS (year 4)																															250
San ▇▇▇▇		SAFETY ROAD																															300
San ▇▇▇▇		ACCESS LIGHTING																															150
San ▇▇▇▇		PAX TERMINAL RESTRUCTURING (year 6)																															2,800
San ▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															122
San ▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			61				61				61				61				61				61								1,218
San ▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
San ▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			71				71				71				71				71				71								500
San ▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															800
San ▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			71				71				71				71				71				71								500
San ▇▇▇▇		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
San ▇▇▇▇		MAINTENANCE  AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
San ▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															800
San ▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total San ▇▇▇▇					575				575				575				575				575				575								30,805
Mar del Plata		RUNWAY AND TAXIWAY REPAVING																															5,500
Mar del Plata		APRON SLAB REPAIR																															1,000
Mar del Plata		900 MTS ALS AIRFIELD LIGHTING SYSTEM																															60▇
▇▇▇ ▇▇▇ ▇▇▇▇▇		▇▇▇▇▇▇ ▇ECONTAMINATION																															120
Mar del Plata		SEWER LIQUID TREATMENT PLANT																															450
Mar del Plata		TAXIWAY REPAVING AND EXPANSION IN 3 meters (or width) AND MARGINS																															3,000
Mar del Plata		STORM-WATER DRAINAGE NE▇▇▇▇▇																															▇▇▇
▇▇▇ ▇▇▇ ▇▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇ (year 5)			264				264				264				264				264				264								1,850
Mar del Plata		CCTV NETWORK AND CAMMERA (year 4)																															40▇
▇▇▇ ▇▇▇ ▇▇▇▇▇		▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇IGHTING SYSTEM IN TAXIWAYS																															1,000
Mar del Plata		PAX TERMINAL EXPANSION (year 11- year 15)																															3,500
Mar del Plata		INTERNAL SERVICE ROADS																															600
Mar del Plata		PERIMETER ROAD REPAIR AND COMPACTION																															200
Mar del Plata		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															347
Mar del Plata		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															4,300
Mar del Plata		COMMERCIAL AND CARGO APRON EXPANSION																															3,300
Mar del Plata		COMMERCIAL AND CARGO APRON LIGHTING																															1,100
Mar del Plata		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 11 – year 15)																															2,000
Mar del Plata		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAY, TAXIWAYS AND APRON (year 16 – year 22)			286				286				286				286				286				286								2,000
Mar del Plata		DAY MARKINGS 2011-15																															1,700
Mar del Plata		DAY MARKINGS (year 11- year 15)																															1,700
Mar del Plata		DAY MARKINGS  (year 16- year 22)			243				243				243				243				243				243								1,700
Mar del Plata		PAX TERMINAL RETROFITTING			286				286				286				286				286				286								2,000
Mar del Plata		REPOWERING AND GEL			43				43				43				43				43				43								300
Mar del Plata		ACCESSES, ROADS AND INTERNAL ROADS																															1,500
Mar del Plata		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			174				174				174				174				174				174								3,472
Total Mar del Plata					1,295				1,295				1,295				1,295				1,295				1,295								44,039
▇▇▇▇▇▇▇		ALS 420MTS CAT 1 AIRFIELD LIGHTING SYSTEM FOR THRESHOLD 36 (NEW)																															903
▇▇▇▇▇▇▇		PARKING LO▇ ▇▇▇▇▇▇▇▇▇																															▇▇▇
▇▇▇▇▇▇▇		▇▇▇▇▇▇ ▇ND TAXIWAY PAVEMENT REPAIR 2º STAGE																															1,840
▇▇▇▇▇▇▇		TAXIWAY PAVEMENT REPAIR																															12,000
▇▇▇▇▇▇▇		APRON REPAIR AND EXPANSION																															3,500
▇▇▇▇▇▇▇		VEHICLE PARKING																															230
▇▇▇▇▇▇▇		SAFETY ROAD																															1,000

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
▇▇▇▇▇▇▇		CATERING WASTE MATERIAL MANAGEMENT
▇▇▇▇▇▇▇		PAN SQUADRON															800
▇▇▇▇▇▇▇		PAX TERMINAL EXPANSION (year 5)																			3,000
▇▇▇▇▇▇▇		PARKING LOT EXPANSION AND REMOTE COLLECTION (year 6)																							400
Mendoza		INTERNAL ROADS							650
▇▇▇▇▇▇▇		APRON LIGHTING							700
▇▇▇▇▇▇▇		ACCESSES AND ROADS							1,400
▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			372				372
▇▇▇▇▇▇▇		VERTICAL MARKINGS (ICAO CERTIFICATION)			2,961
▇▇▇▇▇▇▇		TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 2)			10,500
▇▇▇▇▇▇▇		APRON HORIZONTAL MARKING			67
▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP
▇▇▇▇▇▇▇		RUNWAY AND TAXIWAY MARGINS																			4,000
▇▇▇▇▇▇▇		DAY MARKINGS																							500				500				500
▇▇▇▇▇▇▇		MAINTENANCE AND REPAIR OF RUNWAY, TAXIWAYS AND APRON
▇▇▇▇▇▇▇		TELESCOPIC JET WAY
▇▇▇▇▇▇▇		PASSENGER TERMINAL
▇▇▇▇▇▇▇		ACCESSES AND INTERNAL ROADS
▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											260				260				260				260				260				260
Total ▇▇▇▇▇▇▇					14,963				3,122				4,580				4,610				9,660				3,560				6,660				760
Puerto Madryn		AIRFIELD LIGHTING SYSTEM – CHANGE OF PARALLEL PRIMARY WIRING			161
Puerto Madryn		AUTOMATIC TRANSFER AND GEL			124
Puerto Madryn		APRON AND RUNWAY SHOULDER EXPANSION											1,500				1,500
Puerto Madryn		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23, HIGH INTENSITY AND PAPI
Puerto Madryn		ACCESSES – ROADS (year 2)							600
Puerto Madryn		SAFETY ROAD											1,000
Puerto Madryn		PAPI INSTALLATION															75				75
Puerto Madryn		SEWER LIQUID TREATMENT PLANT											100
Puerto Madryn		PAX TERMINAL RESTRUCTURING (year 3)																											900
Puerto Madryn		RUNWAY REPAVING																			6,200
Puerto Madryn		PAN SQUADRON							500
Puerto Madryn		VEHICLE PARKING											180
Puerto Madryn		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			45				45
Puerto Madryn		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											45				45				45				45				45				45
Puerto Madryn		PASSENGER TERMINAL RETROFITTING
Puerto Madryn		PARKING SPACES, ROADS AND INTERNAL ROADS
Puerto Madryn		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Puerto Madryn		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Puerto Madryn					330				1,145				2,825				1,620				6,320				45				945				45
Paraná		Partial REPAIR OF RUNWAY, TAXIWAYS AND APRON											600
Paraná		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS			200
Paraná		FIRE / NETWORK											150				150
Paraná		MT and BT and GEL BOARDS											300
Paraná		TERMINAL RETROFITTING			260
Paraná		NEW CAT 1 SERIES AIRFIELD LIGHTING SYSTEM for Runway 01-19 (stage 1)											2,586

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
▇▇▇▇▇▇▇		CATERING WASTE MATERIAL MANAGEMENT							1,900
▇▇▇▇▇▇▇		PAN SQUADRON
▇▇▇▇▇▇▇		PAX TERMINAL EXPANSION (year 5)
▇▇▇▇▇▇▇		PARKING LOT EXPANSION AND REMOTE COLLECTION (year 6)
▇▇▇▇▇▇▇		INTERNAL ROADS
▇▇▇▇▇▇▇		APRON LIGHTING
▇▇▇▇▇▇▇		ACCESSES AND ROADS
▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
▇▇▇▇▇▇▇		VERTICAL MARKINGS (ICAO CERTIFICATION)
▇▇▇▇▇▇▇		TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 2)
▇▇▇▇▇▇▇		APRON HORIZONTAL MARKING
▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP											917				917				917				917				917				91▇
▇▇▇▇▇▇▇		▇▇▇▇▇▇ ▇ND TAXIWAY MARGINS
▇▇▇▇▇▇▇		DAY MARKINGS			500				500
▇▇▇▇▇▇▇		MAINTENANCE AND REPAIR OF RUNWAY, TAXIWAYS AND APRON																															586
▇▇▇▇▇▇▇		TELESCOPIC JET WAY																															243
▇▇▇▇▇▇▇		PASSENGER TERMINAL																															571
▇▇▇▇▇▇▇		ACCESSES AND INTERNAL ROADS																															171
▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			260				260				260				260				260				260				260				260
Total Mendoza					760				2,660				1,177				1,177				1,177				1,177				1,177				2,748
Puerto Madryn		AIRFIELD LIGHTING SYSTEM – CHANGE OF PARALLEL PRIMARY WIRING
Puerto Madryn		AUTOMATIC TRANSFER AND GEL
Puerto Madryn		APRON AND RUNWAY SHOULDER EXPANSION
Puerto Madryn		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23, HIGH INTENSITY AND PAPI			2,000
Puerto Madryn		ACCESSES – ROADS (year 2)
Puerto Madryn		SAFETY ROAD
Puerto Madryn		PAPI INSTALLATION
Puerto Madryn		SEWER LIQUID TREATMENT PLANT
Puerto Madryn		PAX TERMINAL RESTRUCTURING (year 3)
Puerto Madryn		RUNWAY REPAVING
Puerto Madryn		PAN SQUADRON
Puerto Madryn		VEHICLE PARKING
Puerto Madryn		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Puerto Madryn		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			45				45				45				45				45				45				45				45
Puerto Madryn		PASSENGER TERMINAL RETROFITTING											180				180				180				180				180
Puerto Madryn		PARKING SPACES, ROADS AND INTERNAL ROADS																															43
Puerto Madryn		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															57
Puerto Madryn		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															86
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											180				180				180				180				180
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															129
Total Puerto Madryn					2,045				45				605				605				605				605				605				502
Paraná		Partial REPAIR OF RUNWAY, TAXIWAYS AND APRON
Paraná		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS
Paraná		FIRE / NETWORK
Paraná		MT and BT and GEL BOARDS
Paraná		TERMINAL RETROFITTING
Paraná		NEW CAT 1 SERIES AIRFIELD LIGHTING SYSTEM for Runway 01-19 (stage 1)

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
▇▇▇▇▇▇▇		CATERING WASTE MATERIAL MANAGEMENT																															1,900
▇▇▇▇▇▇▇		PAN SQUADRON																															800
▇▇▇▇▇▇▇		PAX TERMINAL EXPANSION (year 5)																															3,000
▇▇▇▇▇▇▇		PARKING LOT EXPANSION AND REMOTE COLLECTION (year 6)																															400
Mendoza		INTERNAL ROADS																															650
▇▇▇▇▇▇▇		APRON LIGHTING																															700
▇▇▇▇▇▇▇		ACCESSES AND ROADS																															1,400
▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															744
▇▇▇▇▇▇▇		VERTICAL MARKINGS (ICAO CERTIFICATION)																															2,961
▇▇▇▇▇▇▇		TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 2)																															10,500
▇▇▇▇▇▇▇		APRON HORIZONTAL MARKING																															67
▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															5,500
▇▇▇▇▇▇▇		RUNWAY AND TAXIWAY MARGINS																															4,000
▇▇▇▇▇▇▇		DAY MARKINGS																															2,500
▇▇▇▇▇▇▇		MAINTENANCE AND REPAIR OF RUNWAY, TAXIWAYS AND APRON			586				586				586				586				586				586								4,100
▇▇▇▇▇▇▇		▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇			▇▇▇				▇▇▇				243				243				243				243								1,700
▇▇▇▇▇▇▇		PASSENGER TERMINAL			571				571				571				571				571				571								4,000
▇▇▇▇▇▇▇		ACCESSES AND INTERNAL ROADS			171				171				171				171				171				171								1,200
▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			260				260				260				260				260				260								5,208
Total ▇▇▇▇▇▇▇					1,832				1,832				1,832				1,832				1,832				1,832								70,963
Puerto Madryn		AIRFIELD LIGHTING SYSTEM – CHANGE OF PARALLEL PRIMARY WIRING																															161
Puerto Madryn		AUTOMATIC TRANSFER AND GEL																															124
Puerto Madryn		APRON AND RUNWAY SHOULDER EXPANSION																															3,000
Puerto Madryn		AIRFIELD LIGHTING SYSTEM FOR RUNWAY 5-23, HIGH INTENSITY AND PAPI																															2,000
Puerto Madryn		ACCESSES – ROADS (year 2)																															600
Puerto Madryn		SAFETY ROAD																															1,000
Puerto Madryn		PAPI INSTALLATION																															150
Puerto Madryn		SEWER LIQUID TREATMENT PLANT																															100
Puerto Madryn		PAX TERMINAL RESTRUCTURING (year 3)																															900
Puerto Madryn		RUNWAY REPAVING																															6,200
Puerto Madryn		PAN SQUADRON																															500
Puerto Madryn		VEHICLE PARKING																															180
Puerto Madryn		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															90
Puerto Madryn		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			45				45				45				45				45				45								896
Puerto Madryn		PASSENGER TERMINAL RETROFITTING																															900
Puerto Madryn		PARKING SPACES, ROADS AND INTERNAL ROADS			43				43				43				43				43				43								300
Puerto Madryn		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			57				57				57				57				57				57								400
Puerto Madryn		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			86				86				86				86				86				86								600
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Puerto Madryn		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															900
Puerto Madryn		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			129				129				129				129				129				129								900
Total Puerto Madryn					502				502				502				502				502				502								21,901
Paraná		Partial REPAIR OF RUNWAY, TAXIWAYS AND APRON																															600
Paraná		DAY MARKING OF RUNWAY, APRON AND TAXIWAYS																															200
Paraná		FIRE / NETWORK																															300
Paraná		MT and BT and GEL BOARDS																															300
Paraná		TERMINAL RETROFITTING																															260
Paraná		NEW CAT 1 SERIES AIRFIELD LIGHTING SYSTEM for Runway 01-19 (stage 1)																															2,586

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Paraná

EXISTING DRAINAGE IMPROVEMENT

400

Paraná

RUNWAY AND TAXIWAY SHOULDER REPAVING

667

1,333

Paraná

NEW PERIMETER STREET

450

450

Paraná

RUNWAY, TAXIWAY AND SHOULDER REPAVING

Paraná

PAX TERMINAL RESTRUCTURING

Paraná

PERIMETER ROAD REPAIR

200

Paraná

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

55

55

Paraná

NEW ALS LIGHTING SYSTEM AND VERTICAL MARKING for Runway 01-19 (stage 2)

1,172

Paraná

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

55

55

55

55

55

55

Paraná

PASSENGER TERMINAL RETROFITTING

Paraná

PARKING SPACES, ROADS AND INTERNAL ROADS

Paraná

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Paraná

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Paraná

TAXIWAY AIR LIGHITING SYSTEM

Paraná

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Paraná

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Paraná

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Paraná

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total Paraná

515

921

5,424

1,377

505

505

55

55

▇▇▇▇▇▇▇

DRINKING WATER NETWORK AND AUTOMAT-SEWER PUMPS

575

▇▇▇▇▇▇▇

BASIC AND PAPI HIGH INTENSITY AIRFIELD LIGHTING SYSTEM

1,300

▇▇▇▇▇▇▇

RUNWAY, APRON AND TAXIWAY REPAVING

7,500

▇▇▇▇▇▇▇

LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE 1

400

▇▇▇▇▇▇▇

LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE II

1,000

▇▇▇▇▇▇▇

REPAVING OF RUNWAY 01-19

▇▇▇▇▇▇▇

APRON REPAVING

▇▇▇▇▇▇▇

SHOULDER REPAVING (year 3)

350

▇▇▇▇▇▇▇

STORM DRAINAGE SYSTEM

700

▇▇▇▇▇▇▇

PAX TERMINAL MINOR INTERVENTIONS

1,200

▇▇▇▇▇▇▇

POWER PLANT WITH GENERATING SETS

640

▇▇▇▇▇▇▇

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

84

84

▇▇▇▇▇▇▇

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

84

84

84

84

84

▇▇

▇▇▇▇▇▇▇

▇▇▇▇▇ AND INTERNAL SERVICE ROADS

▇▇▇▇▇▇▇

PASSENGER TERMINAL RETROFITTING

▇▇▇▇▇▇▇

PARKING SPACES, ROADS AND INTERNAL ROADS

▇▇▇▇▇▇▇

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

▇▇▇▇▇▇▇

LEVELING AND RECONDITIONING OF RUNWAY STRIP

▇▇▇▇▇▇▇

TAXIWAY AIR LIGHITING SYSTEM

▇▇▇▇▇▇▇

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

▇▇▇▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

▇▇▇▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

▇▇▇▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

▇▇▇▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total ▇▇▇▇▇▇▇

484

2,384

1,649

84

784

84

7,584

1,284

Reconquista

DAY MARKINGS

530

Reconquista

PERIMETER FENCE

655

Reconquista

RUNWAY, APRON AND TAXIWAY REPAVING

Reconquista

NEW PERIMETER STREET

800

Reconquista

SEALING OF JOINTS, CRACKS AND HOLES

850

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Paraná		EXISTING DRAINAGE IMPROVEMENT
Paraná		RUNWAY AND TAXIWAY SHOULDER REPAVING
Paraná		NEW PERIMETER STREET
Paraná		RUNWAY, TAXIWAY AND SHOULDER REPAVING							10,000
Paraná		PAX TERMINAL RESTRUCTURING			800
Paraná		PERIMETER ROAD REPAIR
Paraná		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Paraná		NEW ALS LIGHTING SYSTEM AND VERTICAL MARKING for Runway 01-19 (stage 2)
Paraná		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			55				55				55				55				55				55				55				55
Paraná		PASSENGER TERMINAL RETROFITTING																															114
Paraná		PARKING SPACES, ROADS AND INTERNAL ROADS																															43
Paraná		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															100
Paraná		LEVELING AND RECONDITIONING OF RUNWAY STRIP											240				240				240				240				240
Paraná		TAXIWAY AIR LIGHITING SYSTEM											120				120				120				120				120
Paraná		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Paraná		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Paraná		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											160				160				160				160				160
Paraná		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															57
Total Paraná					855				10,055				575				575				575				575				575				626
▇▇▇▇▇▇▇		DRINKING WATER NETWORK AND AUTOMAT-SEWER PUMPS
▇▇▇▇▇▇▇		BASIC AND PAPI HIGH INTENSITY AIRFIELD LIGHTING SYSTEM
▇▇▇▇▇▇▇		RUNWAY, APRON AND TAXIWAY REPAVING
▇▇▇▇▇▇▇		LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE 1
▇▇▇▇▇▇▇		LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE II
▇▇▇▇▇▇▇		REPAVING OF RUNWAY 01-19							1,250				1,250
▇▇▇▇▇▇▇		APRON REPAVING							2,800
▇▇▇▇▇▇▇		SHOULDER REPAVING (year 3)
▇▇▇▇▇▇▇		STORM DRAINAGE SYSTEM
▇▇▇▇▇▇▇		PAX TERMINAL MINOR INTERVENTIONS
▇▇▇▇▇▇▇		POWER PLANT WITH GENERATING SETS
▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			84				84				84				84				84				84				84				84
▇▇▇▇▇▇▇		ROADS AND INTERNAL SERVICE ROADS											60				60				60				60				60
▇▇▇▇▇▇▇		PASSENGER TERMINAL RETROFITTING											300				300				300				300				300
▇▇▇▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS																															71
▇▇▇▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															129
▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP											400				400				400				400				400
▇▇▇▇▇▇▇		TAXIWAY AIR LIGHITING SYSTEM											160				160				160				160				160
▇▇▇▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															100
▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											300				300				300				300				300
▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															214
▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											240				240				240				240				240
▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total ▇▇▇▇▇▇▇					84				4,134				2,794				1,544				1,544				1,544				1,544				713
Reconquista		DAY MARKINGS
Reconquista		PERIMETER FENCE
Reconquista		RUNWAY, APRON AND TAXIWAY REPAVING			2,000				2,000
Reconquista		NEW PERIMETER STREET
Reconquista		SEALING OF JOINTS, CRACKS AND HOLES

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Paraná		EXISTING DRAINAGE IMPROVEMENT																															400
Paraná		RUNWAY AND TAXIWAY SHOULDER REPAVING																															2,000
Paraná		NEW PERIMETER STREET																															900
Paraná		RUNWAY, TAXIWAY AND SHOULDER REPAVING																															10,000
Paraná		PAX TERMINAL RESTRUCTURING																															▇▇▇
▇▇▇▇▇▇		▇▇▇▇▇▇▇▇▇ ▇▇▇▇ REPAIR																															200
Paraná		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															109
Paraná		NEW ALS LIGHTING SYSTEM AND VERTICAL MARKING for Runway 01-19 (stage 2)																															1,172
Paraná		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			55				55				55				55				55				55								1,092
Paraná		PASSENGER TERMINAL RETROFITTING			114				114				114				114				114				114								800
Paraná		PARKING SPACES, ROADS AND INTERNAL ROADS			43				43				43				43				43				43								300
Paraná		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			100				100				100				100				100				100								700
Paraná		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,200
Paraná		TAXIWAY AIR LIGHITING SYSTEM																															600
Paraná		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Paraná		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Paraná		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															800
Paraná		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			57				57				57				57				57				57								400
Total Paraná					626				626				626				626				626				626								27,519
▇▇▇▇▇▇▇		DRINKING WATER NETWORK AND AUTOMAT-SEWER PUMPS																															575
▇▇▇▇▇▇▇		BASIC AND PAPI HIGH INTENSITY AIRFIELD LIGHTING SYSTEM																															1,300
▇▇▇▇▇▇▇		RUNWAY, APRON AND TAXIWAY REPAVING																															7,500
▇▇▇▇▇▇▇		LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE 1																															400
▇▇▇▇▇▇▇		LEVELING IN RUNWAY AND TAXIWAY SAFETY STRIPS – STAGE II																															1,000
▇▇▇▇▇▇▇		REPAVING OF RUNWAY 01-19																															2,500
▇▇▇▇▇▇▇		APRON REPAVING																															2,800
▇▇▇▇▇▇▇		SHOULDER REPAVING (year 3)																															350
▇▇▇▇▇▇▇		STORM DRAINAGE SYSTEM																															700
▇▇▇▇▇▇▇		PAX TERMINAL MINOR INTERVENTIONS																															1,200
▇▇▇▇▇▇▇		POWER PLANT WITH GENERATING SETS																															640
▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															168
▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			84				84				84				84				84				84								1,680
▇▇▇▇▇▇▇		ROADS AND INTERNAL SERVICE ROADS																															300
▇▇▇▇▇▇▇		PASSENGER TERMINAL RETROFITTING																															1,500
▇▇▇▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS			71				71				71				71				71				71								500
▇▇▇▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			129				129				129				129				129				129								900
▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															2,000
▇▇▇▇▇▇▇		TAXIWAY AIR LIGHITING SYSTEM																															800
▇▇▇▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			100				100				100				100				100				100								700
▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,500
▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			214				214				214				214				214				214								1,500
▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,200
▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total ▇▇▇▇▇▇▇					713				713				713				713				713				713								32,513
Reconquista		DAY MARKINGS																															530
Reconquista		PERIMETER FENCE																															655
Reconquista		RUNWAY, APRON AND TAXIWAY REPAVING																															4,000
Reconquista		NEW PERIMETER STREET																															800
Reconquista		SEALING OF JOINTS, CRACKS AND HOLES																															850

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
Reconquista		ACCESSES – ROADS (year 5)																			190
Reconquista		INTERNAL ROADS (year 5)																			530
Reconquista		PAX TERMINAL EXPANSION
Reconquista		VEHICLE PARKING LOT (year 7)																											180
Reconquista		RUNWAY SLAB REPAIR			1,501
Reconquista		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			49				49
Reconquista		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											49				49				49				49				49				49
Reconquista		PARKING SPACES, ROADS AND INTERNAL ROADS
Reconquista		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Reconquista		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Reconquista					3,585				849				49				49				769				49				229				49
Río Cuarto		RETROFITTING  OF TAXIWAY INTERSECTIONS WITH RUNWAY																			230
Río Cuarto		DAY MARKINGS (year 4)															120
Río Cuarto		TAWIWAY REPAVING (year 4)															700
Río Cuarto		APRON REPAVING (year 5)																			300
Río Cuarto		ACCESSES – ROADS (year 4)															▇▇▇
▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇ (year 6)																							1,200
Río Cuarto		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			43				43
Río Cuarto		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											43				43				43				43				43				43
Río Cuarto		ROADS AND INTERNAL SERVICE ROADS
Río Cuarto		PASSENGER TERMINAL RETROFITTING
Río Cuarto		PARKING SPACES, ROADS AND INTERNAL ROADS
Río Cuarto		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Río Cuarto		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Río Cuarto		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Río Cuarto					43				43				43				1,043				573				1,243				43				43
Resistencia		JOINT AND CRACK SEALING			150
Resistencia		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES							2,248
Resistencia		DRINKING WATER NETWORK							161
Resistencia		EXISTING TERMINAL RETROFITTING			938				1,563
Resistencia		RUNWAY AND SHOULDERS REPAVING			900				3,600
Resistencia		SEWER LIQUID TREATMENT PLANT							320
Resistencia		TAWIWAY REPAVING (year 3)			234				936
Resistencia		DAY MARKING (year 4)															350
Resistencia		INTERNAL ROADS																															530
Resistencia		SAFETY ROADS (year 4)															500
Resistencia		VEHICLE PARKING LOT (year 5)																			300
Resistencia		PAX TERMINAL RESTRUCTURING (year 9)
Resistencia		POWER PLANT WITH GENERATING SETS																							640
Resistencia		SHOULDER REPAVING							700
Resistencia		HANGAR TAXIWAY REPAIR			400

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Reconquista		ACCESSES – ROADS (year 5)
Reconquista		INTERNAL ROADS (year 5)
Reconquista		PAX TERMINAL EXPANSION							1,100
Reconquista		VEHICLE PARKING LOT (year 7)
Reconquista		RUNWAY SLAB REPAIR
Reconquista		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Reconquista		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			49				49				49				49				49				49				49				49
Reconquista		PARKING SPACES, ROADS AND INTERNAL ROADS																															29
Reconquista		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															57
Reconquista		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															86
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											160				160				160				160				160
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															114
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											120				120				120				120				120
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															86
Total Reconquista					2,049				3,149				329				329				329				329				329				420
Río Cuarto		RETROFITTING  OF TAXIWAY INTERSECTIONS WITH RUNWAY
Río Cuarto		DAY MARKINGS (year 4)
Río Cuarto		TAWIWAY REPAVING (year 4)
Río Cuarto		APRON REPAVING (year 5)
Río Cuarto		ACCESSES – ROADS (year 4)
Río Cuarto		SAFETY ROAD (year 6)
Río Cuarto		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Río Cuarto		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			43				43				43				43				43				43				43				43
Río Cuarto		ROADS AND INTERNAL SERVICE ROADS											100				100				100				100				100
Río Cuarto		PASSENGER TERMINAL RETROFITTING											440				440				440				440				440
Río Cuarto		PARKING SPACES, ROADS AND INTERNAL ROADS																															57
Río Cuarto		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															71
Río Cuarto		LEVELING AND RECONDITIONING OF RUNWAY STRIP											120				120				120				120				120
Río Cuarto		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															100
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											160				160				160				160				160
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total Río Cuarto					43				43				1,063				1,063				1,063				1,063				1,063				529
Resistencia		JOINT AND CRACK SEALING
Resistencia		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES
Resistencia		DRINKING WATER NETWORK
Resistencia		EXISTING TERMINAL RETROFITTING
Resistencia		RUNWAY AND SHOULDERS REPAVING
Resistencia		SEWER LIQUID TREATMENT PLANT
Resistencia		TAWIWAY REPAVING (year 3)
Resistencia		DAY MARKING (year 4)
Resistencia		INTERNAL ROADS
Resistencia		SAFETY ROADS (year 4)
Resistencia		VEHICLE PARKING LOT (year 5)
Resistencia		PAX TERMINAL RESTRUCTURING (year 9)			1,000
Resistencia		POWER PLANT WITH GENERATING SETS
Resistencia		SHOULDER REPAVING
Resistencia		HANGAR TAXIWAY REPAIR

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Reconquista		ACCESSES – ROADS (year 5)																															190
Reconquista		INTERNAL ROADS (year 5)																															530
Reconquista		PAX TERMINAL EXPANSION																															1,100
Reconquista		VEHICLE PARKING LOT (year 7)																															180
Reconquista		RUNWAY SLAB REPAIR																															1,501
Reconquista		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															98
Reconquista		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			49				49				49				49				49				49								980
Reconquista		PARKING SPACES, ROADS AND INTERNAL ROADS			29				29				29				29				29				29								200
Reconquista		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			57				57				57				57				57				57								400
Reconquista		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			86				86				86				86				86				86								600
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															800
Reconquista		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			114				114				114				114				114				114								800
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															600
Reconquista		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			86				86				86				86				86				86								600
Total Reconquista					420				420				420				420				420				420								15,414
Río Cuarto		RETROFITTING  OF TAXIWAY INTERSECTIONS WITH RUNWAY																															230
Río Cuarto		DAY MARKINGS (year 4)																															120
Río Cuarto		TAWIWAY REPAVING (year 4)																															700
Río Cuarto		APRON REPAVING (year 5)																															300
Río Cuarto		ACCESSES – ROADS (year 4)																															▇▇▇
▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇ (year 6)																															1,200
Río Cuarto		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															87
Río Cuarto		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			43				43				43				43				43				43								868
Río Cuarto		ROADS AND INTERNAL SERVICE ROADS																															500
Río Cuarto		PASSENGER TERMINAL RETROFITTING																															2,200
Río Cuarto		PARKING SPACES, ROADS AND INTERNAL ROADS			57				57				57				57				57				57								400
Río Cuarto		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			71				71				71				71				71				71								500
Río Cuarto		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															600
Río Cuarto		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			100				100				100				100				100				100								700
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Río Cuarto		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															800
Río Cuarto		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total Río Cuarto					529				529				529				529				529				529								12,185
Resistencia		JOINT AND CRACK SEALING																															150
Resistencia		NEW AIRFIELD LIGHTING SYSTEM. HIGH INTENSITY CAT I SERIES																															2,248
Resistencia		DRINKING WATER NETWORK																															161
Resistencia		EXISTING TERMINAL RETROFITTING																															2,500
Resistencia		RUNWAY AND SHOULDERS REPAVING																															4,500
Resistencia		SEWER LIQUID TREATMENT PLANT																															320
Resistencia		TAWIWAY REPAVING (year 3)																															1,170
Resistencia		DAY MARKING (year 4)																															350
Resistencia		INTERNAL ROADS																															530
Resistencia		SAFETY ROADS (year 4)																															500
Resistencia		VEHICLE PARKING LOT (year 5)																															300
Resistencia		PAX TERMINAL RESTRUCTURING (year 9)																															1,000
Resistencia		POWER PLANT WITH GENERATING SETS																															640
Resistencia		SHOULDER REPAVING																															700
Resistencia		HANGAR TAXIWAY REPAIR																															400

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Resistencia

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

77

77

Resistencia

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

77

77

77

77

77

77

Resistencia

ROADS AND INTERNAL SERVICE ROADS

Resistencia

PASSENGER TERMINAL RETROFITTING

Resistencia

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Resistencia

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Resistencia

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Resistencia

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Resistencia

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Resistencia

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Resistencia

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total Resistencia

2,699

9,605

77

927

377

717

77

607

Río Grande

REPAVING AND WIDENING OF RUNWAY AND SHOULDER END

10,700

Río Grande

TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 4)

6,500

Río Grande

TAXIWAY REPAVING

860

1,290

Río Grande

AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I SERIES

▇▇▇

▇▇▇

▇▇▇ ▇▇▇▇▇▇

▇▇▇▇▇▇ – ROADS

Río Grande

INTERNAL ROADS

Río Grande

VEHICLE PARKING

150

Río Grande

SAFETY ROAD

Río Grande

ALS AIRFIELD LIGHTING SYSTEM INSTALLATION

Río Grande

PAPI INSTALLATION (year 3)

150

Río Grande

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

88

88

Río Grande

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

88

88

88

88

88

88

Río Grande

PASSENGER TERMINAL RETROFITTING

Río Grande

PARKING SPACES, ROADS AND INTERNAL ROADS

Río Grande

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Río Grande

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Río Grande

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Río Grande

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Río Grande

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Río Grande

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Río Grande

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total Río Grande

7,448

12,078

1,040

740

88

88

88

88

Río ▇▇▇▇▇▇▇▇

FIRE-FIGHTING NETWORK

480

320

Río ▇▇▇▇▇▇▇▇

RUNWAY REPAVING – STAGE 2

Río ▇▇▇▇▇▇▇▇

SHOULDER REPAVING

900

Río ▇▇▇▇▇▇▇▇

TAXIWAY REPAIR

750

Río ▇▇▇▇▇▇▇▇

APRON REPAVING

1,000

Río ▇▇▇▇▇▇▇▇

CATERING WASTE MATERIAL MANAGEMENT

1,000

Río ▇▇▇▇▇▇▇▇

PAX TERMINAL RESTRUCTURING (stage 2)

1,000

Río ▇▇▇▇▇▇▇▇

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

116

116

Río ▇▇▇▇▇▇▇▇

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

116

116

116

116

116

116

Río ▇▇▇▇▇▇▇▇

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Río ▇▇▇▇▇▇▇▇

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Río ▇▇▇▇▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Río ▇▇▇▇▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Río ▇▇▇▇▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Río ▇▇▇▇▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Resistencia		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Resistencia		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			77				77				77				77				77				77				77				77
Resistencia		ROADS AND INTERNAL SERVICE ROADS											140				140				140				140				140
Resistencia		PASSENGER TERMINAL RETROFITTING																															171
Resistencia		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			450				450
Resistencia		LEVELING AND RECONDITIONING OF RUNWAY STRIP											240				240				240				240				240
Resistencia		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Resistencia		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											240				240				240				240				240
Resistencia		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															171
Resistencia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											180				180				180				180				180
Resistencia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total Resistencia					1,527				527				877				877				877				877				877				648
Río Grande		REPAVING AND WIDENING OF RUNWAY AND SHOULDER END
Río Grande		TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 4)
Río Grande		TAXIWAY REPAVING
Río Grande		AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I SERIES
Río Grande		ACCESS – ROADS			400
Río Grande		INTERNAL ROADS			200
Río Grande		VEHICLE PARKING
Río Grande		SAFETY ROAD							600
Río Grande		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION			1,000
Río Grande		PAPI INSTALLATION (year 3)
Río Grande		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Río Grande		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			88				88				88				88				88				88				88				88
Río Grande		PASSENGER TERMINAL RETROFITTING											240				240				240				240				240
Río Grande		PARKING SPACES, ROADS AND INTERNAL ROADS																															57
Río Grande		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															100
Río Grande		LEVELING AND RECONDITIONING OF RUNWAY STRIP											180				180				180				180				180
Río Grande		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Río Grande		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											240				240				240				240				240
Río Grande		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															171
Río Grande		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											240				240				240				240				240
Río Grande		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															171
Total Río Grande					1,688				688				988				988				988				988				988				702
Río ▇▇▇▇▇▇▇▇		FIRE-FIGHTING NETWORK
Río ▇▇▇▇▇▇▇▇		RUNWAY REPAVING – STAGE 2							1,750				1,750
Río ▇▇▇▇▇▇▇▇		SHOULDER REPAVING			900
Río ▇▇▇▇▇▇▇▇		TAXIWAY REPAIR			750
Río ▇▇▇▇▇▇▇▇		APRON REPAVING			1,000
Río ▇▇▇▇▇▇▇▇		CATERING WASTE MATERIAL MANAGEMENT
Río ▇▇▇▇▇▇▇▇		PAX TERMINAL RESTRUCTURING (stage 2)			1,000
Río ▇▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Río ▇▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			116				116				116				116				116				116				116				116
Río ▇▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP							2,100				2,100
Río ▇▇▇▇▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Río ▇▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											400				400				400				400				400
Río ▇▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															286
Río ▇▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											360				360				360				360				360
Río ▇▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															257

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Resistencia		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															154
Resistencia		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			77				77				77				77				77				77								1,540
Resistencia		ROADS AND INTERNAL SERVICE ROADS																															700
Resistencia		PASSENGER TERMINAL RETROFITTING			171				171				171				171				171				171								1,200
Resistencia		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															900
Resistencia		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,200
Resistencia		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Resistencia		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,200
Resistencia		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			171				171				171				171				171				171								1,200
Resistencia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															900
Resistencia		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total Resistencia					648				648				648				648				648				648								26,063
Río Grande		REPAVING AND WIDENING OF RUNWAY AND SHOULDER END																															10,700
Río Grande		TERMINAL AND TELESCOPIC JET WAY RETROFITTING (STAGE 4)																															6,500
Río Grande		TAXIWAY REPAVING																															2,150
Río Grande		AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I SERIES																															1,304
Río Grande		ACCESS – ROADS																															400
Río Grande		INTERNAL ROADS																															200
Río Grande		VEHICLE ▇▇▇▇▇▇▇																															▇▇▇
▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇																															600
Río Grande		ALS AIRFIELD LIGHTING SYSTEM INSTALLATION																															1,000
Río Grande		PAPI INSTALLATION (year 3)																															150
Río Grande		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															175
Río Grande		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			88				88				88				88				88				88								1,750
Río Grande		PASSENGER TERMINAL RETROFITTING																															1,200
Río Grande		PARKING SPACES, ROADS AND INTERNAL ROADS			57				57				57				57				57				57								400
Río Grande		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			100				100				100				100				100				100								700
Río Grande		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															900
Río Grande		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Río Grande		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,200
Río Grande		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			171				171				171				171				171				171								1,200
Río Grande		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,200
Río Grande		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			171				171				171				171				171				171								1,200
Total Río Grande					702				702				702				702				702				702								33,879
Río ▇▇▇▇▇▇▇▇		FIRE-FIGHTING NETWORK																															800
Río ▇▇▇▇▇▇▇▇		RUNWAY REPAVING – STAGE 2																															3,500
Río ▇▇▇▇▇▇▇▇		SHOULDER REPAVING																															1,800
Río ▇▇▇▇▇▇▇▇		TAXIWAY REPAIR																															1,500
Río ▇▇▇▇▇▇▇▇		APRON REPAVING																															2,000
Río ▇▇▇▇▇▇▇▇		CATERING WASTE MATERIAL MANAGEMENT																															1,000
Río ▇▇▇▇▇▇▇▇		PAX TERMINAL RESTRUCTURING (stage 2)																															2,000
Río ▇▇▇▇▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															232
Río ▇▇▇▇▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			116				116				116				116				116				116								2,324
Río ▇▇▇▇▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															4,200
Río ▇▇▇▇▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Río ▇▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															2,000
Río ▇▇▇▇▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			286				286				286				286				286				286								2,000
Río ▇▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,800
Río ▇▇▇▇▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			257				257				257				257				257				257								1,800

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Río ▇▇▇▇▇▇▇▇

ROADS AND INTERNAL SERVICE ROADS

Río ▇▇▇▇▇▇▇▇

PASSENGER TERMINAL RETROFITTING

Río ▇▇▇▇▇▇▇▇

PARKING SPACES, ROADS AND INTERNAL ROADS

Total Río ▇▇▇▇▇▇▇▇

596

436

116

116

116

116

1,116

3,766

Santa ▇▇▇▇

HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM

1,000

1,000

Santa ▇▇▇▇

RUNWAY AND TAXIWAY REPAVING

2,300

Santa ▇▇▇▇

TERMINAL RETROFITTING

3,050

Santa ▇▇▇▇

APRON REPAVING (year 4)

400

Santa ▇▇▇▇

SHOULDER REPAVING (year 3)

▇▇▇

▇▇▇▇▇ ▇▇▇▇

ACCESSES – ROADS

190

Santa ▇▇▇▇

SAFETY ROAD

▇▇▇

▇▇▇▇▇ ▇▇▇▇

▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LIGHTING SYSTEM

▇▇▇

▇▇▇▇▇ ▇▇▇▇

VEHICLE PARKING

180

Santa ▇▇▇▇

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

123

46

Santa ▇▇▇▇

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

46

46

46

46

46

46

Santa ▇▇▇▇

PASSENGER TERMINAL RETROFITTING

Santa ▇▇▇▇

PARKING SPACES, ROADS AND INTERNAL ROADS

Santa ▇▇▇▇

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Santa ▇▇▇▇

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Santa ▇▇▇▇

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Santa ▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Santa ▇▇▇▇

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Santa ▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Santa ▇▇▇▇

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total Santa ▇▇▇▇

3,173

46

4,046

2,046

726

46

236

46

▇▇▇▇▇▇▇▇ del Estero

TERMINAL RETROFITTING

571

229

▇▇▇▇▇▇▇▇ del Estero

NEW RUNWAY AIRFIELD LIGHTING SYSTEM AND PAPI FOR THRESHOLD 3 and 21

800

800

▇▇▇▇▇▇▇▇ del Estero

RUNWAY AND SHOULDERS REPAVING

2,250

▇▇▇▇▇▇▇▇ del Estero

SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

▇▇▇

▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇

TAXIWAY REPAVING

▇▇▇▇▇▇▇▇ del Estero

APRON REPAVING

▇▇▇▇▇▇▇▇ del Estero

DAY MARKINGS

▇▇▇▇▇▇▇▇ del Estero

SAFETY ROAD

630

▇▇▇▇▇▇▇▇ del Estero

APRON EXPANSION (year 6)

2,479

▇▇▇▇▇▇▇▇ del ▇▇▇▇▇▇

▇▇▇▇▇▇▇▇ ▇▇▇▇▇

▇▇▇

▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇

VEHICLE PARKING

180

▇▇▇▇▇▇▇▇ del Estero

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

67

67

▇▇▇▇▇▇▇▇ del Estero

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

67

67

67

67

67

67

▇▇▇▇▇▇▇▇ del Estero

PASSENGER TERMINAL RETROFITTING

▇▇▇▇▇▇▇▇ del Estero

PARKING SPACES, ROADS AND INTERNAL ROADS

▇▇▇▇▇▇▇▇ del Estero

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

▇▇▇▇▇▇▇▇ del Estero

LEVELING AND RECONDITIONING OF RUNWAY STRIP

▇▇▇▇▇▇▇▇ del Estero

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

▇▇▇▇▇▇▇▇ del Estero

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

▇▇▇▇▇▇▇▇ del Estero

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

▇▇▇▇▇▇▇▇ del Estero

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

▇▇▇▇▇▇▇▇ del Estero

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total ▇▇▇▇▇▇▇▇ del Estero

639

296

1,707

867

697

2,546

67

2,317

San ▇▇▇▇▇▇▇▇

PERIMETER ROAD – STAGE 3

700

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Río ▇▇▇▇▇▇▇▇		ROADS AND INTERNAL SERVICE ROADS											160				160				160				160				160
Río ▇▇▇▇▇▇▇▇		PASSENGER TERMINAL RETROFITTING											560				560				560				560				560
Río ▇▇▇▇▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
Total Río ▇▇▇▇▇▇▇▇					3,766				3,966				5,446				1,596				1,596				1,596				1,596				▇▇▇
▇▇▇▇▇ ▇▇▇▇		HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM
Santa ▇▇▇▇		RUNWAY AND TAXIWAY REPAVING
Santa ▇▇▇▇		TERMINAL RETROFITTING
Santa ▇▇▇▇		APRON REPAVING (year 4)
Santa ▇▇▇▇		SHOULDER REPAVING (year 3)
Santa ▇▇▇▇		ACCESSES – ROADS
Santa ▇▇▇▇		SAFETY ROAD
Santa ▇▇▇▇		RUNWAY AIRFIELD LIGHTING SYSTEM
Santa ▇▇▇▇		VEHICLE PARKING
Santa ▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Santa ▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			46				46				46				46				46				46				46				46
Santa ▇▇▇▇		PASSENGER TERMINAL RETROFITTING																															171
Santa ▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
Santa ▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															100
Santa ▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP											200				200				200				200				200
Santa ▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															71
Santa ▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Santa ▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															▇▇▇
▇▇▇▇▇ ▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											180				180				180				180				▇▇▇
▇▇▇▇▇ ▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total Santa ▇▇▇▇					46				46				626				626				626				626				626				760
▇▇▇▇▇▇▇▇ del Estero		TERMINAL RETROFITTING
▇▇▇▇▇▇▇▇ del Estero		NEW RUNWAY AIRFIELD LIGHTING SYSTEM AND PAPI FOR THRESHOLD 3 and ▇▇
▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇ AND SHOULDERS REPAVING			2,250
▇▇▇▇▇▇▇▇ del Estero		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
▇▇▇▇▇▇▇▇ del Estero		TAXIWAY REPAVING							770
▇▇▇▇▇▇▇▇ del Estero		APRON REPAVING							500
▇▇▇▇▇▇▇▇ del Estero		DAY MARKINGS							400
▇▇▇▇▇▇▇▇ del Estero		SAFETY ROAD
▇▇▇▇▇▇▇▇ del Estero		APRON EXPANSION (year 6)
▇▇▇▇▇▇▇▇ del Estero		INTERNAL ROADS
▇▇▇▇▇▇▇▇ del Estero		VEHICLE PARKING
▇▇▇▇▇▇▇▇ del Estero		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
▇▇▇▇▇▇▇▇ del Estero		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			67				67				67				67				67				67				67				67
▇▇▇▇▇▇▇▇ del Estero		PASSENGER TERMINAL RETROFITTING																															229
▇▇▇▇▇▇▇▇ del Estero		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
▇▇▇▇▇▇▇▇ del Estero		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															71
▇▇▇▇▇▇▇▇ del Estero		LEVELING AND RECONDITIONING OF RUNWAY STRIP											300				300				300				300				300
▇▇▇▇▇▇▇▇ del Estero		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															257
▇▇▇▇▇▇▇▇ del Estero		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
▇▇▇▇▇▇▇▇ del Estero		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											160				160				160				160				160
▇▇▇▇▇▇▇▇ del Estero		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total ▇▇▇▇▇▇▇▇ del Estero					2,317				1,737				727				727				727				727				727				▇▇▇
▇▇▇ ▇▇▇▇▇▇▇▇		▇▇▇▇▇▇▇▇▇ ▇▇▇▇ – STAGE 3

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Río ▇▇▇▇▇▇▇▇		ROADS AND INTERNAL SERVICE ROADS																															800
Río ▇▇▇▇▇▇▇▇		PASSENGER TERMINAL RETROFITTING																															2,800
Río ▇▇▇▇▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
Total Río ▇▇▇▇▇▇▇▇					888				888				888				888				888				888								32,156
Santa ▇▇▇▇		HIGH INTENSITY SERIES AIRFIELD LIGHTING SYSTEM																															2,000
Santa ▇▇▇▇		RUNWAY AND TAXIWAY REPAVING																															2,300
Santa ▇▇▇▇		TERMINAL RETROFITTING																															3,050
Santa ▇▇▇▇		APRON REPAVING (year 4)																															400
Santa ▇▇▇▇		SHOULDER REPAVING (year 3)																															▇▇▇
▇▇▇▇▇ ▇▇▇▇		ACCESSES – ROADS																															190
Santa ▇▇▇▇		SAFETY ROAD																															▇▇▇
▇▇▇▇▇ ▇▇▇▇		▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LIGHTING SYSTEM																															▇▇▇
▇▇▇▇▇ ▇▇▇▇		VEHICLE PARKING																															180
Santa ▇▇▇▇		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															169
Santa ▇▇▇▇		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			46				46				46				46				46				46								910
Santa ▇▇▇▇		PASSENGER TERMINAL RETROFITTING			171				171				171				171				171				171								1,200
Santa ▇▇▇▇		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
Santa ▇▇▇▇		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			100				100				100				100				100				100								700
Santa ▇▇▇▇		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,000
Santa ▇▇▇▇		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			71				71				71				71				71				71								500
Santa ▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Santa ▇▇▇▇		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Santa ▇▇▇▇		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															▇▇▇
▇▇▇▇▇ ▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total Santa ▇▇▇▇					760				760				760				760				760				760								18,899
▇▇▇▇▇▇▇▇ del Estero		TERMINAL RETROFITTING																															800
▇▇▇▇▇▇▇▇ del Estero		NEW RUNWAY AIRFIELD LIGHTING SYSTEM AND PAPI FOR THRESHOLD 3 and 21																															1,600
▇▇▇▇▇▇▇▇ del Estero		RUNWAY AND SHOULDERS REPAVING																															4,500
▇▇▇▇▇▇▇▇ del Estero		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇		TAXIWAY REPAVING																															770
▇▇▇▇▇▇▇▇ del Estero		APRON REPAVING																															500
▇▇▇▇▇▇▇▇ del Estero		DAY MARKINGS																															400
▇▇▇▇▇▇▇▇ del Estero		SAFETY ROAD																															630
▇▇▇▇▇▇▇▇ del Estero		APRON EXPANSION (year 6)																															2,479
▇▇▇▇▇▇▇▇ del ▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ ▇▇▇▇▇																															▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇		VEHICLE PARKING																															180
▇▇▇▇▇▇▇▇ del Estero		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															134
▇▇▇▇▇▇▇▇ del Estero		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			67				67				67				67				67				67								1,344
▇▇▇▇▇▇▇▇ del Estero		PASSENGER TERMINAL RETROFITTING			229				229				229				229				229				229								1,600
▇▇▇▇▇▇▇▇ del Estero		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
▇▇▇▇▇▇▇▇ del Estero		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			71				71				71				71				71				71								500
▇▇▇▇▇▇▇▇ del Estero		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,500
▇▇▇▇▇▇▇▇ del Estero		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			257				257				257				257				257				257								1,800
▇▇▇▇▇▇▇▇ del Estero		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
▇▇▇▇▇▇▇▇ del Estero		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
▇▇▇▇▇▇▇▇ del Estero		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇		▇▇▇▇▇▇▇▇ LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total ▇▇▇▇▇▇▇▇ del Estero					996				996				996				996				996				996								23,797
San ▇▇▇▇▇▇▇▇		PERIMETER ROAD – STAGE 3																															700

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

San ▇▇▇▇▇▇▇▇

AUTOMATIC TRANSFER AND GEL

288

288

San ▇▇▇▇▇▇▇▇

▇▇▇▇ AIRFIELD LIGHTING FOR THRESHOLD 5 and 23

311

311

San ▇▇▇▇▇▇▇▇

AIR STATION INSTALLATIONS

460

460

San ▇▇▇▇▇▇▇▇

RUNWAY AND TAXIWAY REPAVING

1,438

1,438

San ▇▇▇▇▇▇▇▇

SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

537

San ▇▇▇▇▇▇▇▇

TAWIWAY REPAVING (year 6)

3,500

San ▇▇▇▇▇▇▇▇

DAY MARKING (year 3)

500

San ▇▇▇▇▇▇▇▇

ACCESS ROAD

240

San ▇▇▇▇▇▇▇▇

GAS NETWORK

640

San ▇▇▇▇▇▇▇▇

ELECTRICITY NETWORK

300

San ▇▇▇▇▇▇▇▇

FIRE-FIGHTING NETWORK

1,000

San ▇▇▇▇▇▇▇▇

PAN SQUADRON

San ▇▇▇▇▇▇▇▇

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

100

100

San ▇▇▇▇▇▇▇▇

RENOVATION OF FEDERAL AVIATION FORCE HANGAR

San ▇▇▇▇▇▇▇▇

HANGAR ▇▇▇▇▇▇

San ▇▇▇▇▇▇▇▇

HANGAR TENIL S.A.

San Fernando

HANGAR AIRCRAFT SERVICE

San Fernando

HANGAR UNO

San Fernando

HANGAR BAUTEC

San Fernando

HANGAR AIR PATROL

San Fernando

HANGAR AMERICAN JET

San Fernando

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

100

100

100

100

100

100

San Fernando

PASSENGER TERMINAL RETROFITTING

San Fernando

PARKING SPACES, ROADS AND INTERNAL ROADS

San Fernando

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

San Fernando

LEVELING AND RECONDITIONING OF RUNWAY STRIP

San Fernando

TAXIWAY AIR LIGHITING SYSTEM

San Fernando

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

San Fernando

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

San Fernando

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

San Fernando

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

San Fernando

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Total San Fernando

637

100

4,228

2,285

1,848

3,911

100

100

Salta

APRON EXPANSION – STAGE 2

1,783

1,783

Salta

ACCESSES – ROADS (year 7)

2,300

Salta

SAFETY ROAD

1,000

Salta

CATERING WASTE MATERIAL MANAGEMENT

500

Salta

TAXIWAY AND SHOULDER REPAVING

1,500

Salta

INTERNAL ROADS

700

Salta

APPROACH FLACH FOR RUNWAY 01-19

542

Salta

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

132

132

Salta

ADDITION OF ESCALATORS IN ARRIVALS

200

Salta

INFRASTRUCTURE ADAPTATION IN PARKING SPACES AND ACCESS

400

Salta

ENCLOSURE OF TERRACE IN EAST SECTOR

250

Salta

APRON LIGHTING

200

Salta

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

132

132

132

132

132

132

Salta

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Salta

TAXIWAY AIR LIGHITING SYSTEM

Salta

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
San Fernando		AUTOMATIC TRANSFER AND GEL
San Fernando		PAPI AIRFIELD LIGHTING FOR THRESHOLD 5 and 23
San Fernando		AIR STATION INSTALLATIONS
San Fernando		RUNWAY AND TAXIWAY REPAVING
San Fernando		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
San Fernando		TAWIWAY REPAVING (year 6)
San Fernando		DAY MARKING (year 3)
San Fernando		ACCESS ROAD
San Fernando		GAS NETWORK
San Fernando		ELECTRICITY NETWORK
San Fernando		FIRE-FIGHTING NETWORK
San Fernando		PAN SQUADRON			300
San Fernando		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
San Fernando		RENOVATION OF FEDERAL AVIATION FORCE HANGAR
San Fernando		HANGAR IBARRA
San Fernando		HANGAR TENIL S.A.
San Fernando		HANGAR AIRCRAFT SERVICE
San Fernando		HANGAR UNO
San Fernando		HANGAR BAUTEC
San Fernando		HANGAR AIR PATROL
San Fernando		HANGAR AMERICAN JET
San Fernando		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			100				100				100				100				100				100				100				100
San Fernando		PASSENGER TERMINAL RETROFITTING											320				320				320				320				320
San Fernando		PARKING SPACES, ROADS AND INTERNAL ROADS											160				160				160				160				160
San Fernando		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															57
San Fernando		LEVELING AND RECONDITIONING OF RUNWAY STRIP											400				400				400				400				400
San Fernando		TAXIWAY AIR LIGHITING SYSTEM											340				340				340				340				340
San Fernando		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															100
San Fernando		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											240				240				240				240				240
San Fernando		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
San Fernando		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											240				240				240				240				240
San Fernando		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															171
Total San Fernando					400				100				1,800				1,800				1,800				1,800				1,800				572
Salta		APRON EXPANSION – STAGE 2
Salta		ACCESSES – ROADS (year 7)
Salta		SAFETY ROAD
Salta		CATERING WASTE MATERIAL MANAGEMENT
Salta		TAXIWAY AND SHOULDER REPAVING
Salta		INTERNAL ROADS
Salta		APPROACH FLACH FOR RUNWAY 01-19
Salta		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Salta		ADDITION OF ESCALATORS IN ARRIVALS
Salta		INFRASTRUCTURE ADAPTATION IN PARKING SPACES AND ACCESS
Salta		ENCLOSURE OF TERRACE IN EAST SECTOR
Salta		APRON LIGHTING
Salta		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			132				132				132				132				132				132				132				132
Salta		LEVELING AND RECONDITIONING OF RUNWAY STRIP											820				820				820				820				820
Salta		TAXIWAY AIR LIGHITING SYSTEM											340				340				340				340				340
Salta		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															257

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
San Fernando		AUTOMATIC TRANSFER AND GEL																															575
San Fernando		PAPI AIRFIELD LIGHTING FOR THRESHOLD 5 and 23																															621
San Fernando		AIR STATION INSTALLATIONS																															920
San Fernando		RUNWAY AND TAXIWAY REPAVING																															2,875
San Fernando		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															537
San Fernando		TAWIWAY REPAVING (year 6)																															3,500
San Fernando		DAY MARKING (year 3)																															500
San Fernando		ACCESS ROAD																															240
San Fernando		GAS NETWORK																															640
San Fernando		ELECTRICITY NETWORK																															300
San Fernando		FIRE-FIGHTING NETWORK																															1,000
San Fernando		PAN SQUADRON																															300
San Fernando		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															200
San Fernando		RENOVATION OF FEDERAL AVIATION FORCE HANGAR
San Fernando		HANGAR IBARRA
San Fernando		HANGAR TENIL S.A.
San Fernando		HANGAR AIRCRAFT SERVICE
San Fernando		HANGAR UNO
San Fernando		HANGAR BAUTEC
San Fernando		HANGAR AIR PATROL
San Fernando		HANGAR AMERICAN JET
San Fernando		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			100				100				100				100				100				100								2,002
San Fernando		PASSENGER TERMINAL RETROFITTING																															1,600
San Fernando		PARKING SPACES, ROADS AND INTERNAL ROADS																															800
San Fernando		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			57				57				57				57				57				57								400
San Fernando		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															2,000
San Fernando		TAXIWAY AIR LIGHITING SYSTEM																															1,700
San Fernando		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			100				100				100				100				100				100								700
San Fernando		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,200
San Fernando		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
San Fernando		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,200
San Fernando		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			171				171				171				171				171				171								1,200
Total San Fernando					572				572				572				572				572				572								26,710
Salta		APRON EXPANSION – STAGE 2																															3,565
Salta		ACCESSES – ROADS (year 7)																															2,300
Salta		SAFETY ROAD																															1,000
Salta		CATERING WASTE MATERIAL MANAGEMENT																															500
Salta		TAXIWAY AND SHOULDER REPAVING																															1,500
Salta		INTERNAL ROADS																															700
Salta		APPROACH FLACH FOR RUNWAY 01-19																															542
Salta		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															263
Salta		ADDITION OF ESCALATORS IN ARRIVALS																															200
Salta		INFRASTRUCTURE ADAPTATION IN PARKING SPACES AND ACCESS																															400
Salta		ENCLOSURE OF TERRACE IN EAST SECTOR																															250
Salta		APRON LIGHTING																															200
Salta		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			132				132				132				132				132				132								2,632
Salta		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															4,100
Salta		TAXIWAY AIR LIGHITING SYSTEM																															1,700
Salta		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			257				257				257				257				257				257								1,800

 

 

Total

Total

Total

Total

Total

Total

Total

Total

AEROP.

INVESTMENT PLAN

2006 (*)

2007

2008

2009

2010

2011

2012

2013

$ thousands without VAT

139,382

188,047

174,243

229,694

246,996

106,553

97,094

82,583

Salta

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Salta

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Salta

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Salta

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Salta

ROADS AND INTERNAL SERVICE ROADS

Salta

PASSENGER TERMINAL RETROFITTING

Salta

PARKING SPACES, ROADS AND INTERNAL ROADS

Salta

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Total Salta

932

1,882

1,374

1,914

2,914

132

632

2,432

Tucumán

RETROFITTING  OF RUNWAY, TAXIWAY AND APRON (STAGE)

2,500

2,500

Tucumán

DRINKIN WATER AND FIRE/ NETWORK

690

Tucumán

ACCESS EXPANSION AND PARKING COLLECTION

115

Tucumán

RUNWAY AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I

750

750

Tucumán

NEW APRON CONSTRUCTION

2,500

Tucumán

SEWER LIQUID TREATMENT PLANT

600

Tucumán

TAXIWAY REPAVING (year 8)

1,800

Tucumán

SHOULDER REPAVING (year 10)

Tucumán

APRON REPAVING (year 9)

Tucumán

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

233

151

Tucumán

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

151

151

151

151

151

151

Tucumán

LEVELING AND RECONDITIONING OF RUNWAY STRIP

Tucumán

TAXIWAY AIR LIGHITING SYSTEM

Tucumán

ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE

Tucumán

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)

Tucumán

MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)

Tucumán

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)

Tucumán

AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)

Tucumán

ROADS AND INTERNAL SERVICE ROADS

Tucumán

PASSENGER TERMINAL RETROFITTING

Tucumán

PARKING SPACES, ROADS AND INTERNAL ROADS

Tucumán

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

Total Tucumán

1,038

151

3,251

3,401

3,401

151

151

1,951

San Juan

PARALLEL AIRFIELD LIGHTING SYSTEM REPAIR

900

San Juan

AUTOMATIC TRANSFER AND GEL

385

San Juan

OBSTACLE REMOVAL IN THRESHOLD 18

173

San Juan

FIRE-FIGHTING NETWORK

1,000

San Juan

SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

537

268

San Juan

RUNWAY REPAVING

San Juan

TAXIWAY REPAVING

San Juan

APRON REPAVING

200

San Juan

SHOULDER REPAVING

800

San Juan

INTERNAL ROADS

120

San Juan

SAFETY ROAD

1,200

San Juan

RUNWAY STRIP

1,300

San Juan

PAX TERMINAL RESTRUCTURING

San Juan

OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)

66

66

San Juan

OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)

66

66

66

66

66

66

San Juan

PARKING SPACES, ROADS AND INTERNAL ROADS

San Juan

DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
Salta		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											500				500				500				500				500
Salta		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															357
Salta		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											480				480				480				480				480
Salta		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															343
Salta		ROADS AND INTERNAL SERVICE ROADS											430				430				430				430				430
Salta		PASSENGER TERMINAL RETROFITTING											560				560				560				560				560
Salta		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
Salta		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															214
Total Salta					132				132				3,262				3,262				3,262				3,262				3,262				1,417
Tucumán		RETROFITTING  OF RUNWAY, TAXIWAY AND APRON (STAGE)
Tucumán		DRINKIN WATER AND FIRE/ NETWORK
Tucumán		ACCESS EXPANSION AND PARKING COLLECTION
Tucumán		RUNWAY AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I
Tucumán		NEW APRON CONSTRUCTION
Tucumán		SEWER LIQUID TREATMENT PLANT
Tucumán		TAXIWAY REPAVING (year 8)
Tucumán		SHOULDER REPAVING (year 10)							1,200
Tucumán		APRON REPAVING (year 9)			1,500
Tucumán		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Tucumán		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			151				151				151				151				151				151				151				151
Tucumán		LEVELING AND RECONDITIONING OF RUNWAY STRIP											820				820				820				820				820
Tucumán		TAXIWAY AIR LIGHITING SYSTEM											340				340				340				340				340
Tucumán		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															129
Tucumán		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											500				500				500				500				500
Tucumán		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															357
Tucumán		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											360				360				360				360				360
Tucumán		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															257
Tucumán		ROADS AND INTERNAL SERVICE ROADS											230				230				230				230				230
Tucumán		PASSENGER TERMINAL RETROFITTING											360				360				360				360				360
Tucumán		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
Tucumán		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															157
Total Tucumán					1,651				1,351				2,761				2,761				2,761				2,761				2,761				1,165
San Juan		PARALLEL AIRFIELD LIGHTING SYSTEM REPAIR
San Juan		AUTOMATIC TRANSFER AND GEL
San Juan		OBSTACLE REMOVAL IN THRESHOLD 18
San Juan		FIRE-FIGHTING NETWORK
San Juan		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
San Juan		RUNWAY REPAVING							7,500
San Juan		TAXIWAY REPAVING							800
San Juan		APRON REPAVING
San Juan		SHOULDER REPAVING
San Juan		INTERNAL ROADS
San Juan		SAFETY ROAD
San Juan		RUNWAY STRIP
San Juan		PAX TERMINAL RESTRUCTURING							1,200
San Juan		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
San Juan		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			66				66				66				66				66				66				66				66
San Juan		PARKING SPACES, ROADS AND INTERNAL ROADS																															114
San Juan		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															100

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
Salta		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															2,500
Salta		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			357				357				357				357				357				357								2,500
Salta		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															2,400
Salta		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			343				343				343				343				343				343								2,400
Salta		ROADS AND INTERNAL SERVICE ROADS																															2,150
Salta		PASSENGER TERMINAL RETROFITTING																															2,800
Salta		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
Salta		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			214				214				214				214				214				214								1,500
Total Salta					1,417				1,417				1,417				1,417				1,417				1,417								38,702
Tucumán		RETROFITTING  OF RUNWAY, TAXIWAY AND APRON (STAGE)																															5,000
Tucumán		DRINKIN WATER AND FIRE/ NETWORK																															690
Tucumán		ACCESS EXPANSION AND PARKING COLLECTION																															115
Tucumán		RUNWAY AIRFIELD LIGHTING SYSTEM, HIGH INTENSITY CAT I																															1,500
Tucumán		NEW APRON CONSTRUCTION																															2,500
Tucumán		SEWER LIQUID TREATMENT PLANT																															600
Tucumán		TAXIWAY REPAVING (year 8)																															1,800
Tucumán		SHOULDER REPAVING (year 10)																															1,200
Tucumán		APRON REPAVING (year 9)																															1,500
Tucumán		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															384
Tucumán		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			151				151				151				151				151				151								3,010
Tucumán		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															4,100
Tucumán		TAXIWAY AIR LIGHITING SYSTEM																															1,700
Tucumán		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			129				129				129				129				129				129								900
Tucumán		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															2,500
Tucumán		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			357				357				357				357				357				357								2,500
Tucumán		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,800
Tucumán		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			257				257				257				257				257				257								1,800
Tucumán		ROADS AND INTERNAL SERVICE ROADS																															1,150
Tucumán		PASSENGER TERMINAL RETROFITTING																															1,800
Tucumán		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
Tucumán		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			157				157				157				157				157				157								1,100
Total Tucumán					1,165				1,165				1,165				1,165				1,165				1,165								38,449
San Juan		PARALLEL AIRFIELD LIGHTING SYSTEM REPAIR																															900
San Juan		AUTOMATIC TRANSFER AND GEL																															385
San Juan		OBSTACLE REMOVAL IN THRESHOLD 18																															173
San Juan		FIRE-FIGHTING NETWORK																															1,000
San Juan		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															805
San Juan		RUNWAY REPAVING																															7,500
San Juan		TAXIWAY REPAVING																															800
San Juan		APRON REPAVING																															200
San Juan		SHOULDER REPAVING																															800
San Juan		INTERNAL ROADS																															120
San Juan		SAFETY ROAD																															1,200
San Juan		RUNWAY STRIP																															1,300
San Juan		PAX TERMINAL RESTRUCTURING																															1,200
San Juan		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															132
San Juan		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			66				66				66				66				66				66								1,316
San Juan		PARKING SPACES, ROADS AND INTERNAL ROADS			114				114				114				114				114				114								800
San Juan		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			100				100				100				100				100				100								700

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2006 (*)				2007				2008				2009				2010				2011				2012				2013
		$ thousands without VAT		139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583
San Juan		LEVELING AND RECONDITIONING OF RUNWAY STRIP
San Juan		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
San Juan		PASSENGER TERMINAL RETROFITTING
Total San Juan					451				775				2,634				1,966				186				1,266				66				66
Viedma		AUTOMATIC TRANSFER AND GEL			280
Viedma		RUNWAY AND TAXIWAY REPAVING															10,240
Viedma		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT							115				230
Viedma		SHOULDER REPAVING															1,300
Viedma		ACCESSES – ROADS							200
Viedma		SAFETY ROAD																															600
Viedma		PAX TERMINAL RESTRUCTURING
Viedma		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			58				58
Viedma		PARKING LOT PAVING			250
Viedma		WIRE PERIMETER FENCE WALL			275
Viedma		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											58				58				58				58				58				58
Viedma		PASSENGER TERMINAL RETROFITTING
Viedma		PARKING SPACES, ROADS AND INTERNAL ROADS
Viedma		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Viedma		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Viedma		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Viedma					863				373				288				11,598				58				58				58				658
Villa Reynolds		SEALING OF JOINTS AND CRACKS, AND MAINTENANCE			95
Villa Reynolds		PERIMETER FENCE			727
Villa Reynolds		RUNWAY AND TAXIWAY REPAVING																											8,300
Villa Reynolds		AUTOMATIC TRANSFER AND GEL			300
Villa Reynolds		TERMINAL RETROFITTING							173
Villa Reynolds		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)			39				39
Villa Reynolds		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)											39				39				39				39				39				39
Villa Reynolds		PASSENGER TERMINAL RETROFITTING
Villa Reynolds		PARKING SPACES, ROADS AND INTERNAL ROADS
Villa Reynolds		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Villa Reynolds		LEVELING AND RECONDITIONING OF RUNWAY STRIP
Villa Reynolds		TAXIWAY AND RUNWAY AIRFIELD LIGHTING SYSTEM
Villa Reynolds		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)
Total Villa Reynolds					1,161				212				39				39				39				39				8,339				39
Total general					139,382				188,047				174,243				229,694				246,996				106,553				97,094				82,583

 

 

				Total				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2014				2015				2016				2017				2018				2019				2020				2021
		$ thousands without VAT		116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345
San Juan		LEVELING AND RECONDITIONING OF RUNWAY STRIP																			167				167				167
San Juan		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											100				100				100				100				100
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															71
San Juan		PASSENGER TERMINAL RETROFITTING																															129
Total San Juan					66				9,566				366				366				532				532				532				737
Viedma		AUTOMATIC TRANSFER AND GEL
Viedma		RUNWAY AND TAXIWAY REPAVING
Viedma		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT
Viedma		SHOULDER REPAVING
Viedma		ACCESSES – ROADS
Viedma		SAFETY ROAD
Viedma		PAX TERMINAL RESTRUCTURING			750				750
Viedma		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Viedma		PARKING LOT PAVING
Viedma		WIRE PERIMETER FENCE WALL
Viedma		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			58				58				58				58				58				58				58				58
Viedma		PASSENGER TERMINAL RETROFITTING											240				240				240				240				240
Viedma		PARKING SPACES, ROADS AND INTERNAL ROADS																															43
Viedma		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															71
Viedma		LEVELING AND RECONDITIONING OF RUNWAY STRIP											200				200				200				200				200
Viedma		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															114
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											200				200				200				200				200
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															143
Total Viedma					808				808				898				898				898				898				898				572
Villa Reynolds		SEALING OF JOINTS AND CRACKS, AND MAINTENANCE
Villa Reynolds		PERIMETER FENCE
Villa Reynolds		RUNWAY AND TAXIWAY REPAVING
Villa Reynolds		AUTOMATIC TRANSFER AND GEL
Villa Reynolds		TERMINAL RETROFITTING
Villa Reynolds		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)
Villa Reynolds		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			39				39				39				39				39				39				39				39
Villa Reynolds		PASSENGER TERMINAL RETROFITTING											360				360				360				360				360
Villa Reynolds		PARKING SPACES, ROADS AND INTERNAL ROADS																															71
Villa Reynolds		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															100
Villa Reynolds		LEVELING AND RECONDITIONING OF RUNWAY STRIP											400				400				400				400				400
Villa Reynolds		TAXIWAY AND RUNWAY AIRFIELD LIGHTING SYSTEM											1,500
Villa Reynolds		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE																															71
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)											200				200				200				200				200
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)																															143
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)											160				160				160				160				160
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)																															114
Total Villa Reynolds					39				39				2,659				1,159				1,159				1,159				1,159				539
Total general					116,829				124,472				74,230				56,230				73,397				78,157				64,657				43,345

 

 

				Total				Total				Total				Total				Total				Total				Total
AEROP.		INVESTMENT PLAN		2022				2023				2024				2025				2026				2027				2028				Total
		$ thousands without VAT		42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390
San Juan		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															500
San Juan		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
San Juan		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															500
San Juan		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			71				71				71				71				71				71								500
San Juan		PASSENGER TERMINAL RETROFITTING			129				129				129				129				129				129								900
Total San Juan					737				737				737				737				737				737								24,530
Viedma		AUTOMATIC TRANSFER AND GEL																															280
Viedma		RUNWAY AND TAXIWAY REPAVING																															10,240
Viedma		SEWAGE TREATMENT NETWORK AND TREATMENT PLANT																															345
Viedma		SHOULDER REPAVING																															1,300
Viedma		ACCESSES – ROADS																															200
Viedma		SAFETY ROAD																															600
Viedma		PAX TERMINAL RESTRUCTURING																															1,500
Viedma		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															116
Viedma		PARKING LOT PAVING																															250
Viedma		WIRE PERIMETER FENCE WALL																															275
Viedma		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			58				58				58				58				58				58								1,162
Viedma		PASSENGER TERMINAL RETROFITTING																															1,200
Viedma		PARKING SPACES, ROADS AND INTERNAL ROADS			43				43				43				43				43				43								300
Viedma		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			71				71				71				71				71				71								500
Viedma		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															1,000
Viedma		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			114				114				114				114				114				114								800
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Viedma		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															1,000
Viedma		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			143				143				143				143				143				143								1,000
Total Viedma					572				572				572				572				572				572								24,068
Villa Reynolds		SEALING OF JOINTS AND CRACKS, AND MAINTENANCE																															95
Villa Reynolds		PERIMETER FENCE																															727
Villa Reynolds		RUNWAY AND TAXIWAY REPAVING																															8,300
Villa Reynolds		AUTOMATIC TRANSFER AND GEL																															300
Villa Reynolds		TERMINAL RETROFITTING																															173
Villa Reynolds		OME (year 1 – year 2) (Infrastructure and Maintenance Global Works)																															78
Villa Reynolds		OME (year 3 – year 22) (Infrastructure and Maintenance Global Works)			39				39				39				39				39				39								784
Villa Reynolds		PASSENGER TERMINAL RETROFITTING																															1,800
Villa Reynolds		PARKING SPACES, ROADS AND INTERNAL ROADS			71				71				71				71				71				71								500
Villa Reynolds		DRINKING WATER, AND SEWAGE TREATMENT NETWORK AND TREATMENT PLANT			100				100				100				100				100				100								700
Villa Reynolds		LEVELING AND RECONDITIONING OF RUNWAY STRIP																															2,000
Villa Reynolds		TAXIWAY AND RUNWAY AIRFIELD LIGHTING SYSTEM																															1,500
Villa Reynolds		ADAPTATION OF SAFETY ROAD AND PERIMETER FENCE			71				71				71				71				71				71								500
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 11 – year 15)																															1,000
Villa Reynolds		MAINTENANCE AND REHABILITATION OF PAVEMENTS, RUNWAYS, TAXIWAYS AND APRON AND MARGINS (year 16 – year 22)			143				143				143				143				143				143								1,000
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 11- year 15)																															800
Villa Reynolds		AIRFIELD LIGHTING AND DAY MARKING MAINTENANCE (year 16- year 22)			114				114				114				114				114				114								800
Total Villa Reynolds					539				539				539				539				539				539								21,057
Total general					42,240				42,240				43,240				46,440				42,240				42,080				4,002				2,158,390

 

 

  

APPENDIX V

 

INCOME AND EXPENSES FINANCIAL PROJECTION (2006-2028)

 

The INCOME AND EXPENSES FINANCIAL PROJECTION (IEFP) of the LICENSE, for the period of January 2006 – February 2028, has been made in Pesos, assuming: a) a nominal exchange rate with no changes during the aforementioned period; b) an inflation rate equal to zero for all and each of the years taken into account. The “results” sheet of the projection is added to this APPENDIX.

 

Below, we expose the main premises used to develop the projection.

 

1. Income: to determine the income projection of the LICENSE for the 2006-2028 period, we have used as source of information, the passenger traffic and movement curve developed by the ORSNA. We have not considered any charge modification in the projection.

 

1.1. Aeronautical Income: This includes income received as air station usage fee, parking fee, landing fee and telescopic jet way usage fee.

 

The following chart exposes the annual increase percentages forecasted by the ORSNA for the aforementioned LICENSE period, discriminating between domestic and international passengers.

 

 

Such projection forecasts that movements will have the same evolution as the passenger traffic. The ORSNA forecasts a growth rate for the year 2006 of 9% for international traffic (pax and aircraft movement) and 2.5% for domestic traffic (pax and aircraft movement). For the following years, these rates tend to converge in an average value of around 3.5%.

 

 

1.2. Commercial Income: To make the commercial income projection, we used as basis the real commercial income for year 2005. Such income base was projected by means of the evolution of linked variables and by applying correlation functions, which are detailed in the following chart:

 

Concept		Linked variables		Correlation
Ramp Services		Movements			80	%
Fuel		Movements			100	%
Tax Free Shop		International Passengers			100	%
Publicity		Investment Plan (*)			100	%
Parking		Total passengers			100	%
Catering		International Passengers			100	%
Rents		Investment Plan (*)			75	%
Transportation		Total passengers			100	%
Coffee shop		Total passengers			100	%
Services and shops		Total passengers			100	%
Reimbursement of expenses in public services		% of Expenses in public services			21	%

 

(*) This corresponds to the percentage of increase of the net investment.

 

Note:

Additionally to the projection by the linked variables, we have taken into account income from payment for goodwill, for an annual average amount of around $ 5 million.

 

Likewise, we have adopted the following premises, as regards the business line evolution:

 

a) Tax Free Shop: The current terms of the LICENSE shall be kept until the end of the projection.

 

b) Ramp Services: The current terms of the LICENSE shall be kept until the end of the projection.

 

c) Fiscal Deposits: The premise considers that, from the second semester of 2009, the LICENSEE shall administer and exploit the 100% of the fiscal deposit activity that is currently carried out by Edcadassa. The income from the business, which is assumed to increase to an annual rate of 5%, has been exposed as commercial income from that date on.

 

 

2. Operative Expenses:

 

As a basis for the projection, the expenses presented by the LICENSEE in his/her tender for the year 2006 were used. The components of such cost structure are detailed below:

 

(Figures in Thousands of Pesos)

Personnel

Electricity

Gas

Water

Telephone

Mail

Maintenance and Repair

Stationary and Office material

Insurance policies

Hired Services

Fire-fighting and Medical Services

Matrix

Other Operation Expenses

 

Such expense structure is re-expressed based on the following polynomial formula:

 

[52,59% variation of the salary indexes + 14,23% variation of the exchange rate + 33,18% variation of the Wholesale Internal Price Index].

 

By applying such formula we obtain a re-expressed value of $194 million, to which we have added $22.3 million corresponding to the projected expenses related to the application of the Gross Income Tax and $4.8 million, corresponding to the debit and credit tax (without tax deductions) and subtracting $11.9 million by way of Management fee, in excess of the resulting amount of 3% over income for this item.

 

This $209-million basis has been considered as the level of operative expenses that the LICENSEE will have during 2006.

 

Such expense basis was projected to the year 2006-2028 by means of linked variables and correlation functions that are considered appropriate for the current license reality. Below, we expose such linked variables and the adopted correlation functions.

 

Concept		Linked variables		Correlation
Salaries		Fixed
Public Services		Investment Plan (*)			55	%
Maintenance		Total passengers			30	%
		Investment Plan (*)			35	%
Hired Services		Total passengers			30	%
Insurance policies		Investment Plan (*)			100	%
Fire-fighting and Medical Services		Total passengers			20	%
Other Operation Expenses		Investment Plan (*)			35	%
Matrix		Total passengers			30	%

 

(*) This corresponds to the percentage of increase of the net investment.

 

 

 

The aforementioned linked variables and correlation functions shall be considered for the purpose of future reviews.

 

3. Specific Allocation of the License Income:

 

The detailed provision in agreement with APPENDIX III to the present LETTER OF UNDERSTANDING was taken into account.

 

4. Mutual Claim Agreement:

 

A net balance at the expense of the license of $ 849.16 million and its repayment mechanisms were considered, according to the provisions of APPENDIX VII to the present LETTER OF UNDERSTANDING.

 

5. Investments:

 

The INVESTMENT PLAN corresponding to the period 2006-2028 is composed by: (i) Works needed to comply with the defined standards on service safety and quality and (ii) works that were also necessary, but were not being executed, and so have been rescheduled.

 

The INVESTMENT PLAN for the remaining years of the LICENSE period (2011 - 2028) shall be determined through five-year investment plans. For this period, the foreseen investment amount has been calculated as a function of the relation between committed investments and foreseen aeronautical incomes in the tender submitted by the LICENSEE, complemented by the remaining investment amount of works that have not still been executed, and which are scheduled to be finished in 2015.

 

Plan de Inversiones (2006-2028)

 

 

 

6. (Tax) Amortizations: To make a projection for the tax amortizations, we have assumed that: a) investments have an average useful life of 24 years, b) the property, plant and equipment, pursuant to the provisions of the applicable standards, cannot be adjusted for inflation for tax purposes, and c) 100% of the investments shall be amortized at the end of the license period.

 

7. Taxes:

 

It was assumed that the company is affected by the following taxes:

 

·

Income tax – Rate: 35%

 

·

Minimum expected income tax – Rate: 1%

 

·

Added Value Tax – Rate: 21% or 27%, depending on the concept.

 

·

Gross Income tax – Rate: 4%

 

·

Financial transfer tax – Rate: 1.2%, of which 0.2% was considered as payment to the account of income tax.

 

Additionally, it was considered that the suitability of the contract is not affected by stamp tax.

 

As regards the Income Tax, the Financial Projection of Incomes and Expenses considers the accumulated tax loss carry forward items.

 

In relation to the value added tax, the Financial Projection of Incomes and Expenses considers that when the tax position has a favorable balance, the recovery process of such balance shall take place in a period of 90 days.

 

8. Financing:

 

We should explain that, even when the Financial Projection of Incomes and Expenses of the License has not been taken into account, the Licensee foresees that he will be able to get financing for around US$ 400 million for the period 2006-2010, with the purpose of canceling the Negotiable Obligations issued by the LICENSEE, and having a working capital.

 

Below, we have included a detail of the required financing:

 

a)

Third quarter 2006: Issuance of Series I for US$ 120 million for a term of 7 years plus one year’s grace, and an annual rate of 12%

 

b)

Third quarter 2006: Payment of the balance of the ON.

 

c)

Issuance Series II, for a total amount of US$ 150 million, for a term of 10 years, with 2 year’s grace and an annual interest rate of 8%

 

d)

Issuance of other Series for US$ 1.30 million for a term of 7 years plus one year’s grace, and an annual rate of 12%.

 

 

 

		"2007 – Year Dedicated to Road Safety"
Unidad de Renegociación y Análisis de Contratos de Servicios Públicos

 

INCOME AND EXPENSES FINANCIAL PROJECTION (IEFP) 2006-2028

 

In thousands of AR$		2006				2007				2008				2009				2010				2011				2012				2013
Aeronautical Income			364,911				389,378				411,849				431,817				449,026				466,053				483,111				500,551
Non Aeronautical Income			193,797				214,923				220,898				248,548				283,091				300,312				320,085				319,367
Total Income			558,708				604,300				632,747				680,365				732,117				766,366				803,195				819,918
Personnel			-28,308				-28,308				-28,308				-28,308				-28,308				-28,308				-28,308				-28,308
Public Services			-16,864				-17,835				-19,049				-20,126				-21,448				-22,791				-23,377				-23,903
Maintenance			-40,930				-43,081				-45,556				-47,763				-50,342				-52,936				-54,393				-55,769
Insurance Policies			-8,741				-9,655				-10,850				-11,966				-13,395				-14,920				-15,618				-16,257
Hired Services			-43,041				-44,813				-46,028				-47,781				-49,654				-50,993				-52,406				-53,214
Fire-fighting and Medical services			-1,872				-1,931				-1,997				-2,054				-2,120				-2,184				-2,221				-2,255
Matrix			-20,790				-21,110				-21,396				-21,653				-21,906				-22,153				-22,396				-22,638
Other operation expenses			-21,605				-22,396				-23,366				-24,207				-25,219				-26,224				-26,653				-27,035
SIA(*) (15% o/total income)			-83,806				-90,645				-94,912				-102,055				-109,817				-114,955				-120,479				-122,988
- 1,25% ORSNA			-6,984				-7,554				-7,909				-8,505				-9,151				-9,580				-10,040				-10,249
- 2,50% Trust I			-13,968				-15,108				-15,819				-17,009				-18,303				-19,159				-20,080				-20,498
- 11,25% Trust II			-62,855				-67,984				-71,184				-76,541				-82,363				-86,216				-90,359				-92,241
Interests for Mutual Claims			-16,983				-16,857				-16,695				-16,500				-16,275				-16,023				-15,744				-15,437
Gross Income			-22,348				-24,172				-25,310				-27,215				-29,285				-30,655				-32,128				-32,797
Financial transfer tax			-4,806				-5,349				-5,482				-6,072				-6,501				-6,038				-6,228				-6,271
(Tax) Amortizations			-38,594				-48,954				-59,066				-72,443				-86,124				-89,228				-91,223				-92,791
Total Expenses			-348,687				-375,104				-398,013				-428,144				-460,394				-477,405				-491,172				-499,662
Rec. before tax			210,021				229,196				234,734				252,221				271,723				288,961				312,023				320,256
Income tax			-3,001				-3,993				-57,393				-88,278				-95,103				-101,136				-109,208				-112,090
Rec. after tax			207,020				225,203				177,341				163,944				176,620				187,824				202,815				208,167
EDCADASSA Dividends			10,320				10,836				11,378				5,974				0
(Tax) Amortization Adjustment			38,594				48,954				59,066				72,443				86,124				89,228				91,223				92,791
Amortization of mutual claims			-6,331				-8,090				-9,748				-11,265				-12,601				-13,951				-15,327				-5,395
Working Capital variation			-57,182				-11,256				1,437				12,261				10,165				-36,825				-2,706				-4,781
Direct Investments			-125,415				-172,940				-158,425				-212,685				-228,693				-87,394				-77,014				-62,086
SIA(*) for investments (2.5%)			-13,968				-15,108				-15,819				-17,009				-18,303				-19,159				-20,080				-20,498
Total investments			-139,382				-188,047				-174,243				-229,694				-246,996				-106,553				-97,094				-82,583
Net Fund Flow			67,007				92,709				81,050				30,672				31,614				138,883				198,990				228,696

 

 

In thousands of AR$		2014				2015				2016				2017				2018				2019				2020				2021
Aeronautical Income			518,171				536,358				554,702				573,562				592,776				612,338				632,239				652,470
Non Aeronautical Income			331,861				346,496				360,193				379,216				380,735				397,381				412,982				420,742
Total Income			850,031				882,854				914,895				952,778				973,511				1,009,719				1,045,220				1,073,212
Personnel			-28,308				-28,308				-28,308				-28,308				-28,308				-28,308				-28,308				-28,308
Public Services			-24,345				-24,953				-25,586				-25,963				-26,246				-26,612				-26,995				-27,311
Maintenance			-57,021				-58,537				-60,093				-61,275				-62,321				-63,495				-64,703				-65,810
Insurance Policies			-16,803				-17,566				-18,376				-18,868				-19,243				-19,730				-20,248				-20,678
Hired Services			-54,419				-55,709				-56,970				-58,407				-59,329				-60,713				-62,075				-63,210
Fire-fighting and Medical services			-2,286				-2,323				-2,361				-2,389				-2,415				-2,443				-2,472				-2,498
Matrix			-22,877				-23,118				-23,356				-23,594				-23,831				-24,067				-24,301				-24,535
Other operation expenses			-27,353				-27,787				-28,236				-28,501				-28,699				-28,953				-29,219				-29,436
SIA(*) (15% o/total income)			-127,505				-132,428				-137,234				-142,917				-146,027				-151,458				-156,783				-160,982
- 1,25% ORSNA			-10,625				-11,036				-11,436				-11,910				-12,169				-12,621				-13,065				-13,415
- 2,50% Trust I			-21,251				-22,071				-22,872				-23,819				-24,338				-25,243				-26,131				-26,830
- 11,25% Trust II			-95,629				-99,321				-102,926				-107,188				-109,520				-113,593				-117,587				-120,736
Interests for Mutual Claims			-15,329				-14,945				-14,565				-14,190				-13,819				-13,454				-13,093				-11,457
Gross Income			-34,001				-35,314				-36,596				-38,111				-38,940				-40,389				-41,809				-42,928
Financial transfer tax			-6,638				-6,890				-6,848				-6,997				-7,217				-7,470				-7,627				-7,693
(Tax) Amortizations			-95,938				-99,769				-101,731				-101,791				-104,361				-106,673				-107,442				-107,995
Total Expenses			-512,823				-527,646				-540,258				-551,309				-560,757				-573,764				-585,076				-592,839
Rec. before tax			337,208				355,208				374,637				401,469				412,754				435,955				460,145				480,373
Income tax			-118,023				-124,323				-131,123				-140,514				-144,464				-152,584				-161,051				-168,131
Rec. after tax			219,185				230,885				243,514				260,955				268,290				283,371				299,094				312,243
EDCADASSA Dividends
(Tax) Amortization Adjustment			95,938				99,769				101,731				101,791				104,361				106,673				107,442				107,995
Amortization of mutual claims			-19,227				-18,995				-18,757				-18,515				-18,269				-18,017				-81,834				-81,834
Working Capital variation			9,866				1,960				-14,960				-4,807				4,664				1,525				-3,658				-5,955
Direct Investments			-95,578				-102,400				-51,358				-32,411				-49,059				-52,914				-38,526				-16,514
SIA(*) for investments (2.5%)			-21,251				-22,071				-22,872				-23,819				-24,338				-25,243				-26,131				-26,830
Total investments			-116,829				-124,472				-74,230				-56,230				-73,397				-78,157				-64,657				-43,345
Net Fund Flow			210,184				211,220				260,170				307,013				309,988				320,638				282,518				315,935

 

 

In thousands of AR$		2022				2023				2024				2025				2026				2027				2028*
Aeronautical Income			673,023				693,887				715,050				736,502				758,597				781,355				97,016
Non Aeronautical Income			448,139				454,857				467,794				477,494				493,829				508,774				63,051
Total Income			1,121,162				1,148,744				1,182,844				1,213,996				1,252,426				1,290,129				160,067
Personnel			-28,308				-28,308				-28,308				-28,308				-28,308				-28,308				-3,412
Public Services			-27,522				-27,726				-27,929				-28,135				-28,356				-28,555				-3,466
Maintenance			-66,758				-67,697				-68,635				-69,578				-70,554				-71,508				-8,736
Insurance Policies			-20,968				-21,251				-21,534				-21,823				-22,134				-22,417				-2,736
Hired Services			-64,941				-66,060				-67,372				-68,594				-70,036				-71,459				-8,786
Fire-fighting and Medical services			-2,521				-2,544				-2,566				-2,588				-2,611				-2,634				-320
Matrix			-24,767				-24,997				-25,226				-25,453				-25,682				-25,913				-3,152
Other operation expenses			-29,580				-29,720				-29,859				-29,999				-30,149				-30,284				-3,667
SIA(*) (15% o/total income)			-168,174				-172,312				-177,427				-182,099				-187,864				-193,519				-24,010
- 1,25% ORSNA			-14,015				-14,359				-14,786				-15,175				-15,655				-16,127				-2,001
- 2,50% Trust I			-28,029				-28,719				-29,571				-30,350				-31,311				-32,253				-4,002
- 11,25% Trust II			-126,131				-129,234				-133,070				-136,575				-140,898				-145,139				-18,008
Interests for Mutual Claims			-9,820				-8,183				-6,547				-4,910				-3,273				-1,637				0
Gross Income			-44,846				-45,950				-47,314				-48,560				-50,097				-51,605				-6,403
Financial transfer tax			-7,976				-8,144				-8,355				-8,559				-8,771				-8,997				-1,107
(Tax) Amortizations			-108,992				-109,929				-111,167				-112,486				-115,312				-123,398				0
Total Expenses			-605,174				-612,819				-622,236				-631,093				-643,146				-660,233				-65,795
Rec. before tax			515,988				535,924				560,608				582,903				609,280				629,895				94,272
Income tax			-180,596				-187,574				-196,213				-204,016				-213,248				-220,463				-32,995
Rec. after tax			335,392				348,351				364,395				378,887				396,032				409,432				61,277
EDCADASSA Dividends
(Tax) Amortization Adjustment			108,992				109,929				111,167				112,486				115,312				123,398				0
Amortization of mutual claims			-81,834				-81,834				-81,834				-81,834				-81,834				-81,834				0
Working Capital variation			655				327				793				1,340				-877				-607				-37,494
Direct Investments			-14,211				-13,521				-13,669				-16,090				-10,929				-9,827				0
SIA(*) for investments (2.5%)			-28,029				-28,719				-29,571				-30,350				-31,311				-32,253				-4,002
Total investments			-42,240				-42,240				-43,240				-46,440				-42,240				-42,080				-4,002
Net Fund Flow			348,995				363,252				380,852				394,789				417,704				440,562				23,783

 

(*) Specific Income Allocation

 

* UP TO FEBRUARY 2028, DUE TO TERMINATION OF THE ORIGINAL TERM OF THE LICENSE CONTRACT,

 

 

		"2007 – Year Dedicated to Road Safety"
Unidad de Renegociación y Análisis de Contratos de Servicios Públicos

 

INCOME AND EXPENSES FINANCIAL PROJECTION (IEFP) 2006-2028

 

In thousands of AR $		2006				2007				2008				2009				2010				2011				2012				2013
Income			558,708				604,300				632,747				680,365				732,117				766,366				803,195				819,918
(Operative expenses)			-209,304				-218,648				-227,340				-237,146				-248,178				-257,200				-263,727				-268,446
(Specific income allocation)			-83,806				-90,645				-94,912				-102,055				-109,817				-114,955				-120,479				-122,988
(Mutual claim amortization)			-6,331				-8,090				-9,748				-11,265				-12,601				-13,951				-15,327				-5,395
(Owed interests for mutual claims)			-16,983				-16,857				-16,695				-16,500				-16,275				-16,023				-15,744				-15,437
(Investments)			-125,415				-172,940				-158,425				-212,685				-228,693				-87,394				-77,014				-62,086
Working capital variation			-57,182				-11,256				1,437				12,261				10,165				-36,825				-2,706				-4,781
(Income tax)			-3,001				-3,993				-57,393				-88,278				-95,103				-101,136				-109,208				-112,090
Other concepts			10,320				10,836				11,378				5,974				0				0				0				0
Net fund flow			67,007				92,709				81,050				30,672				31,614				138,883				198,990				228,696

 

 

In thousands of AR $		2014				2015				2016				2017				2018				2019				2020				2021
Income			850,031				882,854				914,895				952,778				973,511				1,009,719				1,045,220				1,073,212
(Operative expenses)			-274,052				-280,505				-286,728				-292,412				-296,550				-302,179				-307,757				-312,405
(Specific income allocation)			-127,505				-132,428				-137,234				-142,917				-146,027				-151,458				-156,783				-160,982
(Mutual claim amortization)			-19,227				-18,995				-18,757				-18,515				-18,269				-18,017				-81,834				-81,834
(Owed interests for mutual claims)			-15,329				-14,945				-14,565				-14,190				-13,819				-13,454				-13,093				-11,457
(Investments)			-95,578				-102,400				-51,358				-32,411				-49,059				-52,914				-38,526				-16,514
Working capital variation			9,866				1,960				-14,960				-4,807				4,664				1,525				-3,658				-5,955
(Income tax)			-118,023				-124,323				-131,123				-140,514				-144,464				-152,584				-161,051				-168,131
Other concepts			0				0				0				0				0				0				0				0
Net fund flow			210,184				211,220				260,170				307,013				309,988				320,638				282,518				315,935

 

 

In thousands of AR $		2022				2023				2024				2025				2026				2027				2028
Income			1,121,162				1,148,744				1,182,844				1,213,996				1,252,426				1,290,129				160,067
(Operative expenses)			-318,187				-322,395				-327,095				-331,597				-336,697				-341,679				-41,785
(Specific income allocation)			-168,174				-172,312				-177,427				-182,099				-187,864				-193,519				-24,010
(Mutual claim amortization)			-81,834				-81,834				-81,834				-81,834				-81,834				-81,834				0
(Owed interests for mutual claims)			-9,820				-8,183				-6,547				-4,910				-3,273				-1,637				0
(Investments)			-14,211				-13,521				-13,669				-16,090				-10,929				-9,827				0
Working capital variation			655				327				793				1,340				-877				-607				-37,494
(Income tax)			-180,596				-187,574				-196,213				-204,016				-213,248				-220,463				-32,995
Other concepts			0				0				0				0				0				0				0
Net fund flow			348,995				363,252				380,852				394,789				417,704				440,562				23,783

 

 

APPENDIX VI

 

MODIFICATIONS TO BE INTRODUCED IN THE TRUST CONTRACT ENTERED INTO BETWEEN AEROPUERTOS ARGENTINA 2000 S.A. AND ABN AMRO BANK N.V.,

ARGENTINA BRANCH

 

III.-

“TRUST PROPERTY”

 

Replace the text of Paragraph 3.02 with the following one:

“The Trustee accepts the fiduciary assignments of the collection rights, acknowledging the powers and prerogatives of the Grantor established in the License Contract, and subject to the fulfillment of the previous conditions established in clauses 5.01 and 5.02”.

 

IV.-

“SCOPE OF THE FIDUCIARY ASSIGNMENT OF COLLECTION RIGHTS”

 

Replace the text of Paragraph 4.01, subsection b) with the following one:

“it shall not cause the Trustee or the Beneficiaries to be subject to any responsibility or obligation corresponding to the Trustor by virtue of the License Contract, the bidding terms and conditions and/ or any other applicable provision, contract, standard and/ or regulation, whether towards the Users, the Grantor or any other party Exercise by the Trustee of any of the assigned collection rights is subordinated to the complete fulfillment of the obligations undertaken by the Trustor towards the Grantor”.

 

V.-

“NOTICE OF THE FIDUCIARY ASSIGNMENT – PREVIOUS CONDITIONS”

 

5.01. The present document is subscribed subject to the condition that the Trustee shall not exercise any right or action that jeopardizes the continuity of the airport public service, or affects the financing of the National Airport System (NAS).

 

Change the documentation of the chapter clauses henceforth, and in the concordances.

 

VIII.-

“TRUSTOR’S STATEMENTS AND GUARANTEES”