Nicaragua - People and places: Costa Esmeralda Airport Begins Construction | Live & Invest Overseas News

Costa Esmeralda Airport Begins Construction | Live & Invest Overseas News

Nicaragua's Costa Esmeralda Airport Begins Construction


Nicaragua's international Costa Esmeralda Airport recently became one step closer to becoming reality.
Located near the luxury Mukul Beach, Golf & Spa resort on Guacalito de la Isla, one-and-a-half hours south of Granada and forty-five minutes north of San Juan del Sur, the airport will feature a 1,500-meter long runway, an international terminal, a control tower, and custom and immigration offices.
Corporacion del Sur SA is building the US$12 million project, benefited by tax exemptions from the Nicaraguan Institute of Tourism.
According to El Nuevo Diario, the director of promotions and marketing for the Nicaraguan Institute of Tourism, Ana Carolina Garcia states, "'These flights, whether they be domestic or international, will increase over time, and a lot more people with high purchasing power will come to these sites, which will help investment in our country." In 2014, Nicaragua anticipates collecting US$440 million in tourism revenue. The director of marketing and public relations for the resort, Claudia Silva, claims the airport's construction will directly provide 100 construction jobs and 28 permanent jobs once it is open and operational. Furthermore, other jobs will spin off as a result of increased tourist traffic to the area, according to Silva.
The airport is expected to be complete in one year.