- ECCB to issue world’s first blockchain-based digital currency Read More
- Amazon pulls the plug on New York headquarters Read More
- Latapy’s goal to lift Bajan game Read More
- Challenge for SMS, Foundation Read More
- Wanted: A more efficient airport Read More
- Low-hanging fruit for all Read More
- New-look Crop Over coming Read More
PORT OF SPAIN – The Trinidad and Tobago government says it will spend an estimated half a billion dollars for the construction of a new terminal building at the ANR Robinson airport in Tobago.
Minister of Finance Colm Imbert said that construction of the project is expected to be completed before the end of 2020.
“The deadline . . . we have set for ourselves is that the contract must be awarded around August 2018 and construction must begin by the end of 2018. We have set ourselves a target to complete the terminal building and the associated work before the end of 2020.
“If everything goes according to plan, the contractor would be on site in the third quarter of 2018, construction would begin by the end of this month and the new airport would be open for business by the end of 2020,” he added.
He said Cabinet, which met on Thursday, had approved the implementation of the procurement phase of the project.
“We expect that when this is finished, something that has been long overdue for many, many years will eventually become a reality. So many governments have spoken about the need for a modern international airport terminal in Tobago. Well this government is going to do it,” Imbert said of the proposed multi-million dollar project.
He said the TT$500 million tag does not include the cost of land acquisition which would be needed. (CMC)