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  Modern Airport
  In August 2003, Curaçao Airport Partners (CAP), a consortium led by Alterra Partners, took over the operations of Curaçao International Airport. Alterra is owned 50 percent by the US leading infrastructure developer, Bechtel Enterprises, and 50 percent by Singapore Changi Airport Enterprise, a wholly owned subsidiary of the Civil Aviation Authority of Singapore. The consortium also includes Trabajos Industriales y Mecanos, a private Venezuelan company, which, through its subsidiaries, affiliates and associated companies, has twenty-six years experience in civil, mechanical and electrical engineering projects as well as property development in Venezuela and the Caribbean. The third partner is Janssen de Jong Caribbean, a Dutch-owned firm with more than fifty years of experience in the implementation of infrastructure and civil construction projects in the Netherlands and the Caribbean.

The Alterra Consortium has designed and built a new terminal, upgraded the service level, and operates the terminal, as well as transfer technical and operational know-how to the Curaçao Airport team. This upgrade has provided opportunities for retail and industrial development in and around the airport. Specific opportunities in retail, commercial, and industrial development have emerged with the airport upgrade and the development of ancillary and surrounding properties. As Curaçao's airport continues to gain prominence in the region and the overall economic development of the island accelerates, investors should look closely at this sector. Most importantly, the improved airport will enhance the ability of Curaçao to serve as a transshipment hub for goods, a center for business services, a thriving tourism destination, and a center of education and culture in the region.

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