Nickel in demand
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You would be extremely hard pressed to<br />
f<strong>in</strong>d another example of an airport operator<br />
decid<strong>in</strong>g <strong>in</strong> mid-November of 2013 that it<br />
was to make a $100 million <strong>in</strong>vestment <strong>in</strong><br />
a new term<strong>in</strong>al build<strong>in</strong>g and subsequently<br />
hav<strong>in</strong>g the plans ready and <strong>in</strong> place by the<br />
first week of February 2014 <strong>in</strong> order to beg<strong>in</strong><br />
work the follow<strong>in</strong>g month.<br />
“It is that comb<strong>in</strong>ation of be<strong>in</strong>g able to<br />
mobilise efforts <strong>in</strong> such a short space of time<br />
and hav<strong>in</strong>g a board of directors with such a<br />
high level of faith as to allow that amount of<br />
capital <strong>in</strong>vestment with no questions asked<br />
has been hugely important to us over the<br />
years,” Ra<strong>in</strong>ieri says. “Our ability to make<br />
rapid improvements to our <strong>in</strong>frastructure<br />
and facilities, without hav<strong>in</strong>g to embark<br />
on the long drawn-out processes that face<br />
government owned airports, is a massive<br />
advantage that we have over other airports<br />
<strong>in</strong> the region.”<br />
It would also be remiss of me not to<br />
highlight that as well as contribut<strong>in</strong>g to<br />
the revenues brought <strong>in</strong>to the Dom<strong>in</strong>ican<br />
Republic as a result of tourism, the<br />
airport operators also cont<strong>in</strong>ue to make a<br />
“We expect to have ten million passengers pass<strong>in</strong>g<br />
through the airport with<strong>in</strong> the next decade”<br />
Punta Cana International<br />
Airport arrival entrance<br />
116<br />
[ Aug 2014 ] BE Monthly