The US Government is set to allocate more than $1.2bn in infrastructure grants for airports as the economy gradually recovers from the impact of the Covid-19 pandemic.
The funding will be awarded through the Federal Aviation Administration (FAA) to 405 airports located across 50 US states, Puerto Rico, the Federated States of Micronesia, the Marshall Islands, the Northern Mariana Islands, Palau and the US Virgin Islands.
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Overall, the investment includes more than $1bn from the Airport Improvement Program (AIP) and $152m in Coronavirus Aid, Relief, and Economic Security (CARES) Act grants to equal a 100% federal share.
US Transportation Secretary Elaine L Chao said: “This $1.2bn federal investment will improve our nation’s airport infrastructure, enhance safety, and strengthen growth in local communities, which is especially important as the economy recovers from Covid-19.”
The grants will be utilised to carry out several safety and infrastructure projects. These include the construction and repair of runways and taxiways, installation of airport perimeter fencing, and the creation of airport master plan studies.
It will help in purchasing aircraft rescue and firefighting equipment and with aircraft lighting and signage work.
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By GlobalDataThis comes more than a month after Chao announced that the government will invest more than $273m in airport safety and infrastructure grants.
Since January 2017, the current administration has allocated around $13.5bn to improve infrastructure and safety at US airports.
This year, the government granted $10bn in economic assistance to the airports during the Covid-19 crisis.
