Big-budget airport revamp features earthquake strengthening

Structural renovations could lower airport's insurance premiums

Big-budget airport revamp features earthquake strengthening

Insurance News

By Duffie Osental

Hamilton Airport’s multi-million dollar upgrade will include earthquake strengthening work that could lower the amount it pays for insurance cover.

Aside from structural renovations, which takes up a significant portion of the total upgrade cost, the revamp also includes a new departure area, new flooring, more workspaces, and display screens that promote local sights and upcoming events for visitors.

Mark Morgan, chief executive at Hamilton Airport, told Stuff.co.nz that more passengers and a strong regional economy are factors that are driving the project. He said the upgrade would be funded directly by the airport company WRAL and would not require any financial support from its five shareholding councils.

WRAL is a council-controlled organisation owned by Hamilton City, Otorohanga, Waipa, Waikato and Matamata-Piako District Councils, according to Stuff.

“We want to stay relevant and current,” said Morgan. “It just needs that upgrade. We are very keen to make the terminal the gateway to the Waikato.”

Work is scheduled to begin early next year and will take 12-18 months to complete.

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