The St Lucia Air and Seaports Authority has signaled an intent to pursue the privatization of Hewanorra International Airport. The International Finance Corporation which is part of the World Bank Group has been engaged in a contract for $ 1,694,276 USD to assist the Government of Saint Lucia (GoSL) in implementing a Public Private Partnership (PPP) transaction in the airport sector with the purpose of increasing capacity and improving operation efficiency. The assistance of IFC covers all project pre-investment activities including diagnostic review, transaction structuring and marketing, development of bid/tender documents and PPP contract, as well as support to SLASPA and Ministry of Finance during the bidding process and signing of the PPP contract. The future of our airports has been discussed extensively at the Cabinet level and within Parliament over the last seven years. It...