The $250m, contrary to what they would have us believe, IS a debt which would be guaranteed by the government which means that if the airport doesn’t pay for itself (there’s little hope of that) ‘You and I and everyone in Bermuda’ will pay annually to cover any shortfall/interest on the loans/bonds( money that could be spent on education and helping lower income bracket people)….the Canadians just can’t lose…they must be laughing all the way to the bank!

This burden on the tax payer could push the country into bankruptcy….so much for ‘building Bermudas future’…..what a terrible state of affairs when the public doesn’t get to see/understand all the vital details.

Mr Richards has worked very hard I’m sure but I fear that far from being remembered for ‘the world class airport’ he may well be remembered for bringing the country to its knees.

This airport is a white elephant …far bigger than we need or can afford.

Sadly

People complain about it all the time yet other proposals for this project were over 400 Million for the terminal ALONE. Hmmmm…Wonder where that money would come from? Maybe you expect quarter of a billion dollars for free because it is just how it should be.

Arrange for a behind the scènes tour with the airport manager. Spend a day in the cargo area with no air condition and then come back here and post a comment on what it was like to be back there working for the day. Bet the experience would not be that great. Oh yes, it is propoganda. My bad.

i remember the leaking roofs (as triangle states) and the over and over again repairs – all under the ubp/oba

Wasted $$

SHOULD DO AN INQUIRY ON THAT FIASCO !!!

Build the airport. After all. The PLP were going to do it for Just under a billion.

They gave a very preliminary estimate of $540 million (1 billion is not mentioned anywhere) for all proposed airport upgrades. That included a new terminal, a new cargo facility, a new general aviation facility, a new taxiway as well as improvements to the current taxiway and runway, rerouting Kindley Field road and other roads plus a number of other projects. Some of those upgrades have already been done and some still need to be done.

$250m of inward investment, new airport, employment and not a scrap added to our national debt. No brainer, take the deal. The existing airport and runway was build and maintained by foreign entities throughout its lifetime.

Fact 2: Bermuda does not have $500m, or $250m or $2m to build a new airport because the PLP created such a staggering debt burden that we can barely afford to pay off the interest, much less borrow any more.

Fact 3: 1 + 2 means we can’t pay for it ourselves. So needed a creative solution, hence the agreement with the CCC, who have done over 200 PPPs.

It really is that simple. No idea what folks are complaining about. You can’t put something to tender that you can’t pay for. And because of the PLP’s irresponsible financing, Bermuda can’t afford to pay for any capital projects at this scale.

Also, I note that Mr. Burchall was wearing an Aecon hi-vizability jacket. Who commissioned this documentary? Was it Aecon? If so, that is very interesting and could account for the bias.

Shalom.

It was determined that the place needed replacing many years ago. The PLP spent near a million & got us an artists impression of something very fancy & very expensive. Typical. Must be loaded with bling. Just like the hospital & court buildings.

800,000 passengers use the terminal every year, used to be more, but the PLP found out that Bermuda was broke. It seems that enough to pay for 2 new terminals has simply vanished.

Department of Propaganda. As foreseen by our Premier when he sat at another place.

But that’s not the PLP’s business. They are all about party first.

Both gentlemen I listened to made so much sense.

26 minutes into this the guy makes so much sense once again.

Shalom.