Corporación América Airports Invests in Uruguay
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Corporación América Airports Invests in Uruguay

Corporacion America Airports (CAAP) has released an update.

Corporación América Airports has announced significant investments and developments in Uruguay’s airports, including a $5.5 million expansion for Carrasco Airport’s cargo activities and an advanced Instrument Landing System. The company also secured a ten-year extension for the Punta del Este Airport concession, with a $3 million investment commitment. These initiatives underline the firm’s dedication to enhancing Uruguay’s aviation infrastructure and improving passenger experience.

For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.

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