Hamilton Airport gets C$46.9mn funding for infra projects

2-year infrastructure project will increase capacity at Canada’s largest overnight express cargo airport

Hamilton Airport gets C$46.9mn funding for infra projects
X

John C. Munro Hamilton International Airport announced a C$46.9 million ($35.2 million) gateway expansion and sustainability project with investment from Transport Canada’s National Trade Corridors Fund (NTCF).

The project will strengthen and expand airfield and de-icing capacity, strengthen and rehabilitate key airport infrastructure such as aprons and taxiways, improve stormwater management systems, and construct a dedicated roadway for cargo operations over the next two years, starting in 2023.

The project investment will involve four major elements, including:
*Increasing common-use gate capacity by 125 percent and de-icing capacity by 250 percent
*Strengthening and improving infrastructure supporting the main apron, including taxi lanes and taxiways
*Improving stormwater management processes including treating glycol residual onsite; and
*Reducing delays by constructing a new, dedicated service road parallel to a major taxiway to separate aircraft and equipment conflicting use.

The total project cost is C$46.9 million, and NTCF will contribute C$23.4 million "with the remainder being privately funded and managed by the airport operator, TradePort International Corporation, as part of its capital investment plan. The airfield work will be completed in phases over the next two years to ensure uninterrupted operations to existing 24/7 operations."

The airport is owned by the City of Hamilton and managed by TradePort, a wholly owned subsidiary of Vantage Airport Group.

Cole Horncastle, Executive Managing Director, John C. Munro Hamilton International Airport says: “Hamilton International, Canada’s third largest cargo airport by payload, serves as a global gateway in a strategic transportation and trade corridor, and is an economic engine generating significant jobs, industry activity, and GDP. This support from the National Trade Corridors Fund will enable Hamilton International to advance investment to expand and strengthen its airfield and critical assets, create new full-time jobs, generate additional economic activity, and ensure that existing infrastructure under pressure today will be ready to support current and emerging growth well into the future."

Cathie Puckering, Vice President and Head, Canadian Network, Vantage Airport Group adds: “Today’s announcement from the federal government is an important step towards strengthening the efficiency and resiliency of the national supply chain by adding capacity and alleviating constraints at the largest domestic overnight express cargo airport in Canada,” says “These investments at Hamilton International will improve the fluidity, reliability, and safety of critical transportation infrastructure, while enabling economic growth, creating jobs, and ensuring essential goods are accessible to all Canadians.”

The project will create approximately 460 construction jobs and an additional 1,830 full-time jobs by 2025, representing an additional $142.6 million in labour income, the release added. The airport anticipates that the NTCF investment will support in generating approximately C$2.1 billion in total economic activity annually by 2025.

Tags:
Read Full Article
Next Story
Share it