UPDATED: Vancouver International Airport to get $9B expansion

The funds will cover more than 75 projects and upgrades during a 20-year span

Vancouver International Airport, along with B.C.’s premier, officially launched a $9-billion expansion plan on Thursday that officials say will bring the infrastructure needed to support up to 36 million travellers each year by 2020.

“We are on an ambitious journey to build the airport of the future,” said airport CEO Craig Richmond.

The airport, which operates with a not-for-profit-business model, receives no government funding. Thursday’s investment has been generated through the airport’s own profits, according to Richmond.

In 2017, the airport saw a record 24.2 million passengers land in Vancouver.

The funding will cover more than 75 projects and upgrades during a 20-year span, including expanding runways by 300 metres, parking and terminal expansions.

One of the biggest projects includes creating one of the largest GeoExchange systems in Canada, Richmond said, which involves using groundwater for heating and cooling.

The construction, Richmond said, is expected to create 2,500 full-time constuction jobs by the end of the year.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Therapeutic recovery centre likely to open in the fall

Former Choices facility in View Royal to be transformed

Hiker rescued on Mount Finlayson

Langford, Metchosin respond to technical rescue

UPDATE: Search continuing for missing kayaker in East Sooke

A witness saw the man paddling out from the marina in a kayak

Two people taken into custody after TD bank robbery

VicPD say an individual left the building with an undisclosed amount of cash

Trudeau, Horgan condemn controversial U.S. child migrant policy

Premier John Horgan said B.C. ‘will always stand up for the values’ of diversity and inclusion

B.C. creates public registry to track real estate owners

The first registry of its kind in Canada aims to end the hidden property ownership

Polygamous wife appeals conviction in B.C. child bride case

Emily Blackmore was found guilty of taking her underage daughter to U.S. to marry church leader

Police watchdog called to Kelowna after car destroyed in crash

A motor vehicle incident has closed Highway 33 in both directions

BC SPCA receives 400 reports of dogs in hot cars so far this year

Society is again urging people to leave their pets at home if they can’t keep them safe in the heat

8 B.C. communities rank as the friendliest in Canada

Eight B.C. communities can claim they are the friendliest in the country.

Canucks host all-inclusive birthday party for B.C. kids with autism

Such invitations are rare for some kids with autism, and one B.C. family knows the feeling

Heat records broken across B.C. as weather warning lifts

Thirteen records broken across B.C. on Tuesday

Alt-ed program brings mindfulness to the classroom

B.C. school leading the way in anxiety reduction strategies

Most Read