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Reference: 20030471
Release date: 27 April 2006

Promoter – Financial Intermediary

Airports Authority of Jamaica / NMIA Airports Limited

Location

Description

Rehabilitation of international airport terminal and associated infrastructure under a concession agreement with NMIAL, a subsidiary of AAJ, as part of a phased approach to privatization.

Objectives

The project aims to rehabilitate existing facilities and increase the capacity of Norman Manley International Airport, serving Jamaica’s capital, Kingston, through the provision of new passenger terminal facilities and associated airside and landside infrastructure. The project will be carried out under a concession agreement with NMIAL, a wholly owned subsidiary of AAJ.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to USD 40 million.

Total cost (Approximate amount)

Total estimated project cost approximately USD 100 million.

Environmental aspects

The project schemes are located within the operational airport boundaries and represent primarily asset replacement and upgrading of existing airside facilities. The project is therefore not considered to have a significant impact on the environment. Nevertheless, the Bank required the promoter to undertake a further Environmental Impact Study to assess the impacts of the proposed development and to identify suitable mitigation and compensatory measures. As part of the study the consultants prepared environmental management and monitoring plans to ensure mitigating and compensatory measures are applied during construction and operation phases.

Procurement

The procurement process for the terminal expansion works project involved restricted tendering procedures following publication in the Official Journal of the European Union (OJEU). National procedures have been followed for works contracts that are below the established thresholds. Procurement for consulting services was undertaken in 2003 following an international tender procedure.

Status

Signed - 23/12/2008

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Jamaica Transport