St. Kitts to Build Private Air Terminal

by Amanda Banks, Tax-News.com, London

30 August 2010

Caribbean territory, Saint Kitts and Nevis has announced that it is to construct a new private air terminal at the island’s Robert L Bradshaw International Airport.

Construction will begin in February 2011, with service operations commencing at the end of 2012.

“This is a significant step forward in the transformation of St. Kitts’ tourism product,” said Senator Ricky Skerritt, Minister of Tourism & International Transport. “With competition for the global private jet market so intense, this project is designed to facilitate the type of arrival and departure experience that discerning travelers, including entertainment celebrities, sports stars and international investors, expect. This new private air terminal will enable St. Kitts to deliver the highest quality of personalized service to passengers on private jets, as well as scheduled VIP arrivals.”

To be located towards the west of the main RLB Airport parking apron, the new private terminal will incorporate world class lounges, a business center, and related offices and processing facilities, as well as an elegantly landscaped courtyard and events centre. The first phase investment will amount to approximately USD6m, with the total cost of the final project estimated at USD15m.

The new private air terminal will be constructed and operated by Veling Limited with full ownership to be transferred to The St. Christopher Air and Sea Ports Authority (SCASPA) at the end of the concession contract period. Veling Limited is a global aviation solution provider based in Mauritius and London.

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