CCC to redevelop L.F. Wade International Airport in Bermuda
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 03/17/17 -- Note to editors: An image is included with this press release on Marketwired's website.
On March 16, 2016, the Canadian Commercial Corporation (CCC), the Government of Bermuda, and Aecon Group Inc., announced that commercial and financial close had been achieved for the redevelopment of L.F. Wade International Airport in Bermuda.
Under a government-to-government contract between CCC and the Government of Bermuda, CCC will deliver a new, world-class airport terminal and associated infrastructure.
CCC's contract is for the construction of the new airport terminal as part of a Public-Private-Partnership (P3) business model. Aecon, CCC's qualified Canadian sub-contractor and one of Canada's leading construction companies, is responsible for the project's development, financing, and long-term operation and maintenance.
Quick Facts
Quotes
"This government-to-government contract embodies the value, trust and collaboration of the long-standing bilateral relationship between Canada and Bermuda. Knowing the positive economic impact a modernized airport can have on Bermuda, CCC is excited to play a key role in the delivery of a world-class customized Canadian solution to meet the needs of Bermudians - while working with one of Canada's leading infrastructure firms."
"Reaching financial close of this significant agreement has been a long and complex process. We have completed the negotiation of definitive, detailed terms to oversee the project's implementation and I am happy to say that construction of our much needed, new state-of-the-art airport can commence. The Airport Redevelopment Project is one of the most important capital projects ever undertaken on our island shores and will play a crucial role in the recovery of the Bermuda economy."
"Through Aecon's select participation in international projects such as the Bermuda Airport Redevelopment Project, we continue our long history of building airports globally to add to our successful roster of experience as concessionaire. The combination of the government-to-government and P3 procurement models is a unique offering brought to the table by CCC and Aecon to facilitate the delivery of a tailor made solution for Bermuda."
Associated links
To view the photo associated with this press release, please visit the following link:
Contacts:
Media Relations
Canadian Commercial Corporation
Government of Bermuda
Honey Adams
441-294-9016
Aecon Media Relations
Nicole Court
(416) 297-2600 x3824
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Unternehmensinformation / Kurzprofil:
Datum: 17.03.2017 - 13:30 Uhr
Sprache: Deutsch
News-ID 530918
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contact information:
Town:
OTTAWA, ONTARIO
Kategorie:
Government & Administration
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