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The government of the British Virgin Islands has announced China Communications Construction Company (CCCC), which the World Bank has barred from engaging in any road or bridge projects funded by it, as the preferred bidder for the project, after a long procurement process and consideration of the two remaining bidders for the runway expansion project of the T.B. Lettsome International Airport.
IDL-McAlpine Consortium' rival bid was $198,910,525, while the CCCC had advanced a $153,432,572.10 bid.
Talks will now be held with the preferred bidder in order to finalize a contractual deal within three months that delivers the right result for the people of the territory.
It has always been, and continues to be, the BVI government's overriding goal to ensure a significant local involvement in the project.
The government says this is crucial and hence it will figure heavily in the negotiations.
The runway expansion project became key once American Eagle departed from Puerto Rico and took with it the primary access link from mainland USA to the territory.
Premier and minister of finance, Dr Orlando Smith, said, "Without the extension to the runway, new initiatives like our health tourism, the new BVI International Arbitration Centre and attracting new investors in tourism and financial services cannot succeed in providing additional revenue, jobs and business opportunities. Tourism can only be competitive if tourists can access the BVI easily. It is currently very inconvenient and expensive to visit the BVI."
He added, "The territory cannot afford to ignore the air access needs of our tourism sector since 62 percent of the aggregate economic activity in the territory is generated by tourism. Neither can we depend on other jurisdictions where we cannot guarantee the quality of the experience to our tourists which enable them to return again and again."
