The Greater Orlando Aviation Authority (GOAA) Board has unanimously approved a US$1.8bn spending plan to build a new South Terminal Complex (STC) at Orlando International Airport in Florida. On March 16 a revised Capital Improvement Plan (CIP) for FY 2016-2023 that includes the $1.8 billion STC Phase 1-Terminal C was sanctioned by the seven-member Board.
GOAA Chairman, Frank Kruppenbacher, commented: “The CIP reflects the growth of our global appeal as an international travel gateway for business and leisure.
“To enhance our capacity to accommodate projected passenger increases, it is essential we move forward with South Terminal construction sooner rather than later.”
GOAA Executive Director, Phil Brown, explained that funding for the South Terminal Complex will come from several sources: “A combination of grants, Aviation Authority funds, bonds and Passenger Facility Charges will be used to pay for this expansive and necessary project.”