A 30-year plan has already been developed, and the IFC has advised that a contract should be awarded by Oct. 2015.
It was recently announced that the Hewanorra International Airport would undergo redevelopment through a Public Private Partnership (PPP).
The Hewanorra International Airport Redevelopment Project aims to execute infrastructural and operational improvements that will facilitate an expected increase in passenger arrivals and aircraft landings.
Prime Minister of Saint Lucia, Hon. Dr. Kenny D. Anthony, said the new framework will also allow for improvements in quality standards and adherence to international best practices.
“SLASPA and the Government of Saint Lucia will seek to leverage private sector investment and expertise through a concession agreement which legally binds the private concessionaire to financing, constructing, operating and maintaining the airport for a specified period,” Dr. Anthony explained.
A 30-year plan has already been developed along with a diligence and transaction report, with assistance from the International Financial Corporation (IFC).
“The IFC has advised that the bidding process will commence this month (May) and should conclude with the awarding of a contract by October 2015," Dr. Anthony continued. "In line with the master plan, SLASPA will commence as early as June 2015, a program of initiatives that will signal the start of the redevelopment of the airport, but equally seeks to address capacity concerns and safety considerations.”
Independent senator Dr. Stephen King expressed support for the PPP.
"We need more of that kind of thinking that requires the knowledge that Gene Leon was talking about. We don’t always have to borrow to build. We can partner, mobilize private capital, and make it so.”
Senator King emphasized the potential of public-private partnerships in other sectors of the economy.
"In the health sector [it is] the same. A multi-national lab [is willing to] do a PPP with full state of the art equipment. It would be cheaper, and [will] give access to precision diagnostic medicine - in other words the genetic testing molecular testing that we need.”
The Hewanorra International Airport Redevelopment Project includes the realignment and extension of the runway turning bay, the construction of a new technical tower, and the development of an additional parking apron.