Gatwick Airport Investment – Katar Investments

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Gatwick Airport Investment

Gatwick’s investment programme increases to £2.5 billion, airport calls for consultants to deliver a second runway.
• Increased investment to help accommodate record passenger growth
• New tender process to include projects associated with second runway
• Gatwick expansion remains the cheaper, faster and more sustainable scheme.

Gatwick Airport has today announced the acceleration and expansion of its investment programme, totalling £2.5billion, to cope with rapid passenger growth, and has opened discussions with contractors about building its second runway.
Speaking to a group of more than 80 construction leaders and chief executives at Construction News’ quarterly breakfast briefing, Gatwick’s Development Director Raymond Melee told guests that Gatwick is rapidly approaching full capacity and investment plans are being brought forward to cope with growing passenger numbers. Gatwick will soon hit the 41 million annual passengers mark – a global record for a single runway airport – and is racing towards full capacity. Gatwick Development Director Raymond Melee said: “Gatwick has already invested £1.3 billion since becoming independent from BAA ownership, transforming the way we operate to deliver a world-class experience for our passengers.
“Over the next five years we will be investing £1.2 billion to meet accelerated passenger growth and bringing forward crucial infrastructure projects. “Gatwick will in the very near future also be seeking expressions of interest from consultants to tender for work on our second runway building programme.
“It is important that Gatwick is ready to start work as soon as we get Government approval to deliver the increased capacity Britain desperately needs.
“Opening discussions with contractors now means we will be well placed to take forward our plans for a second runway, on time and on budget. “Gatwick remains the cheaper, faster, and more sustainable scheme. Legally, politically and environmentally, we are the only deliverable option that can actually deliver the jobs, growth and additional capacity that airport expansion would bring.”