The investment in the Jorge Chávez Expansion Project is a 100% private investment, fully assumed by LAP. The LAP proposal is that the New Jorge Chávez operate with two runways, a new control tower and a single terminal. Fraport, a German company that currently operates 31 airports worldwide, and the World Bank's IFC, an entity that supports and finances development projects. The total investment of the new airport infrastructure (second runway, new control tower and new terminal) is more than USD 1,600 million.