Bahamas gets million dollar loan to improve airport infrastructure

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WASHINGTON, Jan. 26, CMC – The Inter-American Development Bank (IDB) says it has approved a US$35 million loan designed to improve infrastructure at four airports on the Family Islands, as The Bahamas’ less developed outer islands are known.
On Wednesday, the Washington-based financial institution said the loan will contribute to the archipelago’s regional and international integration through upgrades at the airports of Exuma, North Eleuthera, Marsh Harbour and Treasure Cay.
The project will finance modernization and maintenance of the airports, including a wide range of aviation and infrastructure improvements, such as visual aids, lighting, runway beacons, mobile airport equipment, parking platforms and passenger terminals, the IDB said.
It said the project will also take into account adaptation to and mitigation of climate change in the construction work to be undertaken.
The IDB said air transport plays a key role in the economic integration of the Bahamas, “as it is the main way for tourists to reach the archipelago.”
Air transport also allows people living on the Family Islands to have access to goods and services offered only on New Providence, the island on which 70 percent of the country’s population lives, or overseas, the IDB said.

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