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Gov’t Borrows $35 Million to Update Family Island Airports

 

The Inter-American Development (IDB) Bank approved a $35m loan designed to improve infrastructure at four airports on the Family Islands, including Abaco.

According to a press release from the IDB, the loan will contribute to the archipelago’s regional and international integration through upgrades at the airports of Exuma, North Eleuthera and two in Abaco: Marsh Harbour and Treasure Cay.

“The project will finance modernization and maintenance of the airports, including a wide range of aviation and infrastructure improvements such as visual aids, lighting, runway beacons, mobile airport equipment, parking platforms and passenger terminals,” the press release said. “It will also take into account adaptation to and mitigation of climate change in the construction work to be undertaken.”

The IDB loan is over 25 years with a 5.5-year grace period.

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About Timothy Roberts

Timothy Roberts

Timothy had his first venture into Journalism just months after graduating from Queen’s College in Nassau taking his first job with The Tribune in 1991 leaving in 1992 for other pursuits.

During his time in Nassau he diversified his experiences working as a warehouse manager, locksmith and computer technician before returning to Abaco, a place he has always considered home, in 1999.

He joined the staff of The Abaconian in 2001 doing graphic design and writing an opinion article called Generally Speaking and after a brief time away, returned to The Abaconian in 2010 as a reporter, graphic designer and computer technician.

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