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:
“I imagine, on the benches of an assembly, the most intrepid of thinkers, a brilliant mind, one of those men who, when they ascend the tribune, feel it beneath them like the tripod of the oracle, suddenly grow in stature and become colossal, surpass by a head the massive appearances that mask reality, and see clearly the future over the high, frowning wall of the present.”
—Victor Hugo (18021885)
“To be sure, we have inherited abilities, but our development we owe to thousands of influences coming from the world around us from which we appropriate what we can and what is suitable to us.”
—Johann Wolfgang Von Goethe (17491832)