Davion Smith, BVI News Journalist
Following reports that government is still moving ahead with the controversial airport expansion project, the estimated cost of the project has increased by more than $95 million.
China Communications Construction Company was selected as the preferred bidder to extend the runway at a cost of $153,432,572.
But, according to the National Democratic Party’s proposed recovery plan, the government is now pumping $250 million into the project.
The airport expansion has been placed under the category of ‘business and economy’ in the proposed plan.
Of the six priority categories in the plan, ‘business and economy’ is projected to receive majority of the $721 million that will be pumped into the territory’s recovery.
Business and economy will be allocated $262.9 million. However, most of that allocation will be used up to expand the airport.
The airport expansion is projected to absorb 95 percent of the funds allocated to the business and economy category.
The project will see the runway at the Terrence B Lettsome Airport being extended from 4645 feet to about 7100 feet so larger aircrafts can land in the territory.
In the meantime, the six priority areas in government’s proposed plan – which is in its preliminary stages – are business and economy ($262.9M), infrastructure ($216M), human and social services ($136.4M), natural resources and climate change ($25.9M), governance ($79.6M), and pride and cultural identity ($2M).
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