World Bank provides US$159M for Regional Air Transport Connectivity

The World Bank’s Board of Executive Directors approved a series of Caribbean Regional Air Transport Connectivity Projects in four countries for a total of US$159 million, to enhance regional connectivity by improving the safety of air transport and the resilience of the airport infrastructure to natural disasters.

These projects include International Development Association (IDA) financing of US$13 million for Dominica, US$17 million for Grenada, US$84 million for Haiti, and US$45 million for Saint Lucia. 

The project for Saint Lucia aims to improve operational safety and navigation and enhance the resilience of airport infrastructure to natural disasters. 

This will include improvements to the runway of the Hewanorra International Airport and its associated facilities, such as runway-end safety areas, airfield drainage, and crash and fire rescue facilities. 

Activities will also include installation of modernized air navigation systems, and institutional strengthening in air traffic control and management.

Financing for these projects comes from IDA. Haiti will receive a grant, and the three Eastern Caribbean islands will receive concessional financing with a maturity of 40 years, including a grace period of ten years.