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SVG signs airport terminal building contract today

SVG signs airport  terminal building contract today

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The Government of St. Vincent and the Grenadines and contractors OECC are expected to sign the contract today for the construction of the terminal building{{more}} for the international airport at Argyle.

Prime Minister Dr. Ralph Gonsalves said at a press conference last Thursday, July 7, that the actual work on the site is slated to begin on August 8, 2011, about one week after he returns from his vacation.

Dr. Gonsalves indicated the building is expected to take 28 months, at a cost of US $26 million to complete, which would bring the opening of the country’s largest capital investment to a date of early 2014.

“If they can deliver us the terminal building, if we could get it for September 2013, that would be very helpful. The earlier we get it, that would be better.”

He indicated that the site for the terminal building has already been prepared by the International Airport Development Company (IADC) and plans are also underway for the paving of some parts of the runway, following a visit by IADC chairman Dr. Rudy Matthias to Cuba, where he met with technical engineers.

The estimated cost of the airport is reported to be about US $600 million.

Today’s contract signing will take place at the Cabinet Room in Kingstown.

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