FREDERICTON (GNB) – The provincial and federal governments are investing a combined $18 million in an expansion at the Fredericton International Airport.

“Your government understands the importance of making strategic investments in infrastructure as it is a pivotal component of our multi-year economic growth plan,” said Premier Brian Gallant. “As an export-driven economy, it is important we invest in our logistical infrastructure so New Brunswick businesses can get their products and services to markets around the world.”

The project consists of installing additional ticket counters, modernizing the security screening area, creating larger arrival and waiting areas, and updating the terminal’s heating and cooling systems. This is meant to provide a more efficient and improved travel experience for passengers while allowing the facility to handle an increased number of travellers.

“The Government of Canada is proud to invest in the expansion of one of Atlantic Canada’s key gateways for business and tourism,” said Fredericton MP Matt DeCourcey. “The Fredericton International Airport brings hundreds of thousands of people to New Brunswick annually. Modern and efficient transportation infrastructure provides greater economic opportunities for Canadian businesses, connecting them to regional and international markets, and provides good jobs for the middle class and those working hard to join it.”

DeCourcey attended for federal Infrastructure and Communities Minister Amarjeet Sohi.

The provincial government will contribute $9 million through the Regional Development Corporation’s Strategic Infrastructure Initiative. The federal government is investing $9 million through the Provincial-Territorial Infrastructure Component of the New Building Canada Fund for national and regional projects. The Fredericton International Airport Authority is contributing the remainder of the project’s costs which is estimated to be $12 million.

“We are delighted to partner with the federal and provincial governments to create an airport that will be an ambassador for our capital city and our province,” said Johanne Gallant, the airport authority’s president and CEO. “Our airport’s traffic and service has been growing continuously for over eight years, and we are well beyond the capacity the terminal was designed to handle. This project will create a better airport for our travellers, airlines and staff, and support continued economic growth for our region.”