AB Won Pat International Airport in Guam has received a $4.8m grant from the Federal Aviation Administration (FAA) for the rehabilitation of runway 6L/24R under the American Recovery and Reinvestment Act (ARRA) 2009.
The FAA will issue funds for high-priority projects that initiate work quickly and create jobs and promote economic recovery. The FAA will pay 100% of the expenses incurred in accomplishing this project.
Executive manager Carlos H Sales said that the project was deemed eligible under strict guidelines, and the airport must be especially diligent in ensuring the specific, tight and required milestone dates met under the act.
All project successes were beneficial and will contribute to Guam's economy, which is dependent upon quality air services to support the state's main industry of tourism, according to top-most government officials.
Stating the rehabilitation work as key priorities for the administration, Guam Airport's chairman Martin Gerber said that the development will secure economic benefits for the island.