The Cayman Islands Airports Authority has reportedly signed a deal with US design and cost consulting firm RS&H Consultants to prepare plans for the expansion of a terminal at Owen Roberts International Airport in Grand Cayman, Cayman Islands.
Aimed to more than double the capacity of the building, construction under the $55m project is set to kick off in September, following a tender process, and would take around four years to complete, reports Compass Caymann. The government is also said to committ $15m to the project.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Once complete, it can accommodate close to 2.5 million passengers.
The project will be largely funded through passenger charges imposed by the airport authority.
The airport’s runway will also be upgraded as part of another project this year, in a bid to help land the British Airways’ latest Boeing 777 jets at the airport.
Cayman Islands Airports Authority CEO Albert Anderson was cited by the Compass Caymann as saying: "People see that something really has to be done, because the airport is bursting at the seams."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPlans involve expanding the building outward rather than upward, with the upper floor, including expanded retail and restaurant concessions, which is expected to be an ongoing source of revenue.
Upon the completion of the project, the terminal would feature much larger departure and arrival lounges, in addition to expanded immigration and customs areas and further addition of check-in gates, bringing the overall boarding gates to ten.
