ST. VINCENT- DEVELOPMENT-

Feb 08, 2013

Government confident of accessing millions to complete new international airport KINGSTOWN, St. Vincent, Feb 8, CMC - The St. Vincent and the Grenadines government says it is confident it will this year raise the US$80 million needed to complete the international airport at Argyle. The EC$652 million (one EC dollar = US$0.37 cents) airport is scheduled to become operational by 2014 and Prime Minister Dr Ralph Gonsalves said he recently held talks with the Venezuelan government and it seems that the application for a US$10 loan “is progressing well. “And I raised the issue of their own involvement … not just to provide loans but as an equity partner in the Argyle international airport and they are sending a team either this week or early next week for us to have that discussion,” Gonsalves said.

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