The Government of Nunavut is planning to invest between $250m and $300m to renovate the Iqaluit International Airport in Nunavut, Canada.
Under a public-private partnership project, the airport will have a new terminal building, expanded aprons, a repaved 2,700m runway and new lighting, in addition to a new pooled services building for fire fighting and service vehicles, according to CBC News
Nunavut Economic Development and Transportation deputy minister Bob Long said that on top of replacing the current airport the Iqaluit International will contain many improvements.
"Don't think of this as building a new airport building or a new terminal. This is a new airport," Long said.
The new terminal building is expected to be four times bigger than the current structure and will feature luggage belts, separate holding spaces for passengers, passenger screening areas, a restaurant, a coffee shop and a gift shop.
Construction is expected to begin in 2014, with the refurbished Iqaluit International scheduled to be opened by 2017.
The airport has issued a Request For Qualifications (RFQ), the first stage in the competitive selection process, to be followed by the short listing of three groups to submit their proposals to design, build, finance, maintain and operate the new facilities at the airport.
The renovation aims to make room for an expansion of the airport in 25 years, ensuring further additions can be made if required.
Following completion, the selected private partner is expected to operate the airport for around 30 years.
The Government of Nunavut will fund its half of the cost by borrowing money.
Image: Iqaluit Airport's new taxiway and apron will allow planes to prepare for take-off while other planes are landing. Photo: courtesy of Technicalglitch.