New York to invest in airport modernisation projects

9 May 2018 (Last Updated May 9th, 2018 11:04)

The US State of New York has allocated nearly $20m to support safety improvements, modernise operations and enhance the economic competitiveness of its airports.

The US State of New York has allocated nearly $20m to support safety improvements, modernise operations and enhance the economic competitiveness of its airports.

Available under the Airport Capital Grant Program, the new state funding offers assistance to projects that improve airport safety and strengthen general and business-related aviation capacity.

New York Governor Andrew Cuomo said: “New York’s airports are the front door to diverse destinations, attractions and culture found across this great state.

“By making funding available for New York’s aviation industry, we are supporting the state’s thriving tourism sector, helping businesses expand to boost our regional economies, and ensuring our transit hubs are modernised to provide safe, reliable travel for everyone.”

Grant awards were earlier used to develop new airport hangars, renovate airport terminal buildings, resurface taxiways, install security fencing, and fuel farm modernisations that improve security and spill prevention.

“These targeted investments will ensure continued safe and efficient operations for all New Yorkers.”

The Aviation Capital Grant Program is open to public-use airports for works related to safety or preservation projects, as well as new construction and other projects that enhance economic competitiveness.

Selected through a competitive solicitation process, the projects will be rated based on established standards such as local economic benefits, adherence to regional economic development plans, and improved operational efficiency.

Applications for this funding will be accepted by the New York State Department of Transportation (DOT) until 29 June.

The latest funding is in addition to the $200m made available by Cuomo through the Upstate Airport Economic Development and Revitalization competition.

The competition comprises $190m to support airport projects and $10m through the grant programme.

DOT Acting Commissioner Paul Karas said:”Governor Cuomo’s unparalleled investments in airports across the State have created jobs and facilitated regional economic development opportunities.

“Airports continue to be a key component of the vibrant state economy and these targeted investments will ensure continued safe and efficient operations for all New Yorkers.”