Sunday, May 5, 2024

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GOVERNMENT’S PLANS to partially privatise operations at Grantley Adams International Airport (GAIA) are about to move a step further.

Minister of Tourism Kerrie Symmonds said he would be seeking Cabinet’s approval, at today’s meeting, to put out a worldwide tender for the creation of a public-private sector partnership for the operation and expansion of the airport.

This was in keeping with proposals in the Barbados Economic Recovery and Transformation (BERT) plan.

“It is known that we intend to work with the International Finance Corporation, which is essentially the private sector arm of the World Bank, to give us [that] kind of technical expertise because Barbados does not possess it,” he said. (GC)

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