The new managers of the Norman Manley International Airport, NMIA, say the level of investments made in Jamaica is indicative of its belief in Jamaica’s prospects for growth.
The Mexican company, Grupo Aeroportuario del Pacifico, GAP officially took over management of the airport last October, through its local subsidiary, PAC Kingston Airport Limited, under a 25-year concession agreement.
Chief Executive Officer of GAP, Raul Revuelta, said the investment decision rested heavily on the strides that Jamaica has been making in terms of inflation, interest rates, and unemployment.
GAP has committed to invest US$60-million in the development of the airport during the first three years of operation.
Meanwhile, Minister of Transport and Mining, Robert Montague, said that GAP has already achieved some successes in its 16 years of running the Sangster International Airport, in Montego Bay, having made it the number one airport in the Caribbean.
He also argued that GAP made the right choice and that the NMIA would become the pearl in their portfolio, based on its scope for growth and their marketing prowess.