$14 Million Loan Signed for Expansion of St. Kitts´s Airport

godking
20 July 2006 6:00am

St Kitts and Nevis´ Prime Minister Denzil Douglas said the $16 million expansion now taking place at the Robert L. Bradshaw International Airport is another step in preparing the twin-island Federation to “to welcome the rest of the world.”

Mr. Douglas, who is also Minister of Tourism and Finance, was at the time making brief remarks at a ceremony at which a $14 million loan agreement was signed between the Government of St Kitts and Nevis and the Export-Import Bank of the Republic of China. The St Kitts-Nevis-Anguilla National Bank is also financing the project.

The money will be used to assist in the resurfacing of the 8,000-foot runway at the Robert L. Bradshaw International Airport, construction a new taxiway and expansion of the aircraft parking facilities to accommodate six wide-bodied aircraft of the Boeing 767-300 series.

Construction of the airport expansion should be completed by November this year.

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