Hewanorra International Airport update

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Hewanorra International Airport update
Hewanorra International Airport.
Hewanorra International Airport.

PRESS RELEASE – For the past few months the Saint Lucia Air and Sea Ports Authority (SLASPA) has been considering various options for the redevelopment of the Hewanorra International Airport (HIA).

A number of options have been presented, none of which include the privatization of the airport.

However, SLASPA and the Government of Saint Lucia are currently participating in an Aviation conference in Greece to assess international interest in a potential Public Private Partnership (PPP).

Under this model an experienced private company would finance the initiative and operate the airport for a finite period of time under the supervision of SLASPA, which would retain regulatory and monitor oversight, share in the revenues and retain ownership of the facility.

The International Finance Corporation, a member of the World Bank Group, is helping SLASPA in this process.

The IFC recently concluded a comprehensive evaluation that includes a detailed technical, legal and financial analysis of the airport and a comprehensive assessment of HIA’s development options.

SLASPA and the government of Saint Lucia are currently studying the IFC’s evaluation and recommendations, as well as other development options and will make a decision soon.

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14 COMMENTS

  1. Why can't the government incorporate a special purpose entity and encourage St.Lucians to invest in this project and pay them dividends on their shares are various intervals? We have billions sitting at those banks being idle; time for a leader to help us maximise our money. I'm sure a Trini will show up as private partner.

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  2. I don't care wat they do as long as the airport is renovated. The place is horrible especially when it rains. Staff has to swim in water to get work done

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  3. Well it is funny ull concern about the money but the bigger pic here is that all of a sudden putting the word public next to private makes it ok to go private.lucians ull need to open ull eyes no private firm will not operate no business if they don't have controlling vote meaning majority shares so even they put in there about retaining ownership of the airport that still don't have no weight becuz most businesses are in rental properties that don't make the landlord the owner of the business that is in his building so with all these fancy terms ppp all bull shit ull need to get reed of kenny anthony

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  4. The gov't should forget PP Partnership take a loan and let you'll pay for it.
    They are trying the utilise the best option. That's unprecedented leadership.
    You'll still have a problems.

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  5. Look on the positive side of things for once. The airport is in dire need of redevelopment. So stop looking for bones where there is none!!!!

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  6. This is a joke. it's like a leak occurred, so they put out an announcement saying it's nearly a done deal. Will this go before parliament for a debate? Will financials be scrutinised?

    This is typical politricks going down and as usual Lucians are being sold down the river.

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  7. So what u guys are saying is a company will renovate the airport at their expense, then operate the airport to make their money back, here we go again with those smart bureacrats idiotic decisions.....Y, another GREENBORG is about to happen.

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  8. So the question is what happen to the monies that have been collected for the airport redevelopment and also are monies still being collected for the development?

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