Future Development
As a result of increased traffic, Nunavut government is planning an overhaul of the airport which is expected to cost between $250 and $300 million. The project will be a public–private partnership with the GN borrowing their half of the cost. The, as yet unnamed, construction company will also operate the airport for 30 years. Upgrades will include building a new terminal, retrofitting the current terminal, expanding parking lots, an second taxiway and apron and repaving the runway. The construction is expected to begin in 2014 and completed by 2017.
Read more about this topic: Iqaluit Airport
Famous quotes containing the words future and/or development:
“Real generosity towards the future lies in giving all to the present.”
—Albert Camus (1913–1960)
“Fascism, the more it considers and observes the future and the development of humanity, quite apart from political considerations of the moment, believes neither in the possibility nor the utility of perpetual peace.”
—Benito Mussolini (1883–1945)