Airport operator Grupo Aeroportuario del Pacífico (GAP) announced that between 2025 and 2029 it will allocate 464 million pesos in investment to improve the Manzanillo International Airport, as part of its five-year investment plan.
The Mexican Chamber of the Construction Industry (CMIC) Jalisco and the Pacific Airport Group (GAP) signed a collaboration agreement to promote the development of airport infrastructure .
This agreement not only seeks to improve the quality of airport construction, but also to generate a significant impact on the local economy by creating formal employment and strengthening local businesses.
In a press bulletin released Wednesday, GAP said its “historic” investment demonstrates its commitment to substantially improving all 12 of the airports it operates in central and western Mexico.
Airports include the major cities of Guadalajara and Tijuana, as well as four tourist destinations: Puerto Vallarta, Los Cabos, La Paz and Manzanillo.
Total investment in the 12 airports that make up the group amounts to 52,311 million pesos over the next 5 years.This amount represents a historic sum as it is the largest investment to date to be made in these air terminals.
Raúl Revuelta Musalem, CEO of GAP, said :
“Grupo Aeroportuario del Pacífico is committed to improving our airports in every way.
“These investments are carefully analyzed and designed to add additional capacity at GAP airports, for the future growth of the regions where we operate.
“Our primary objective is to provide passenger service, but also to contribute to Mexico’s economic development by having airports with optimal conditions for passengers, the exchange of goods, strengthening our position as air connection points with other latitudes and attracting airlines that wish to invest in Mexico; the potential is enormous and we want to contribute to this.”
The investment over this five-year period will allow the group to have a 60 percent growth in its terminal capacity, a 45 percent increase in passenger inspection points, a 25 percent increase in aircraft platforms, and a 20 percent increase in the airfield.
The primary project of this five-year period will be for the Guadalajara airport, with the construction of a completely new 69,000 square meter terminal that will allow passenger capacity to increase by approximately 70 percent.
It will also invest in the purchase of land for the territorial reserve and future construction of a third runway and a third terminal.
The second most important project is the expansion of the Tijuana airport terminal by 34 thousand square meters, and the third is the expansion of the Los Cabos airport terminal by 18,700 square meters.
The 52 billion-peso investment announcement easily exceeds twice the amount what GAP invested during the previous five-year period.
On development completion, the investments will increase GAP’s overall terminal capacity by 60% and will add 45% more security checkpoints, as well as increase airfield space and allow for additional gates.
