Wednesday 30 September 2015

ST VINCENT & GRENADINES: St Vincent Getting $5 Million Loan From Taiwan to Complete International Airport


St Vincent and the Grenadines is getting some additional help to fund the construction of its long-awaited international airport.

The country is securing a loan of $5 million from the government of Taiwan to “assist in the financing of the construction of the Argyle International Airport,” according to a statement.

The project, when completed, will allow larger passenger jets to fly into the country for the first time.

St Vincent’s existing airport, ET Joshua, can only receive regional flights from neighbouring islands.

In a presentation on the loan, St Vincent and the Grenadines Foreign Minister Camillo Gonsalves said the international airport was a “basic requirement for the development of a modern society.”

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