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Sangster International Airport Continues To Play An Important Role In The Growth Of Jamaica’s Economy

Sangster International Airport Continues To Play An Important Role In The Growth Of Jamaica’s Economy

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Chief Executive Officer (CEO) of MBJ Airports Limited, Dr. Rafael Echevarne, says the Sangster International Airport (SIA) continues to play an important role in the growth of Jamaica’s economy.

He said that for the 15 years of the MBJ concession, the facility has injected US$160 million into the Jamaican economy through tax and concession fees. Additionally, the airport continues to provide employment for 7,500 individuals, with 150 being directly employed to MBJ Airports limited.

MBJ Airport Limited officially marked the halfway point in its 30-year concession as operator of the airport on April 12.

Dr. Echevarne informed that over the years, US$230 million has been invested in improving operations, noting that 52.3 million passengers have passed through SIA, and the numbers are expected to increase as developments continue. He said that there was an 8.4 per cent growth in passenger traffic last year.

He pointed out that this was tremendous in this part of the world, as in the Caribbean region, the average growth over the last five years has been in the order of two per cent, so achieving 8.4 per cent is tremendous, and over the last 15 years, they have actually added one more million passengers into this airport.

Dr. Echevarne said continuous efforts will be made to build on existing markets, particularly in the United States, which supplies the largest passenger traffic, and also to tap into new markets.

Dr. Echevarne was addressing a forum at the SIA’s Montego Bay location last month as part of activities to mark the MBJ’s 15th anniversary.BM
JIS

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