Grantley Adams International Airport Investment Opportunity
Supportive Legislative and Regulatory Framework
➡ Barbadian legislative and regulatory framework well developed
☐
Stable aviation policy which resides within the Ministry of Tourism
and International Transport
Signatory of the International Civil Aviation Organisation (ICAO) and
adopts standards and recommended practices (SARPs)
Mature framework which ensures legal certainty and stability to the
Concessionaire and its financiers
Economic regulation to be addressed contractually through the
concession contract
Technical regulation of the airport sector provided by the Civil
Aviation Department
Appropriate institutional structures in place to manage and
administer the PPP
IFC
International
Finance Corporation
WORLD BANK GROUP
GAIA Inc.
BARBADOS
"rising higher'
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