WITH the approval of a loan from the Caribbean Development Bank (CDB), the Government of Barbados will be exploring ways to improve cargo facilites at the Grantley Adams International Airport.

The loan of US$357,200, was approved by the Board of Directors of the CDB to the Government of Barbados for the study, which will be undertaken by Grantley Adams International Airport Incorporated (GAIA Inc), operators of GAIA.

The study will be conducted to access the current and future needs and the type of infrastructure that will create a world-class facility.

The study will also focus on several areas, including security considerations to applicable international standards for both operations and physical infrastructure, developing and presenting physical development options and a gap analysis of existing operations and physical infrastructure.

“Investments in improved logistics and supply chain management can help maximise opportunities that exist for improvement in the productivity of the transportation system. Trade logistics in Barbados require institutional reform and investment in infrastructure in order to improve efficiency in the processing goods and services in trade. The development of modern air cargo facilitation will be critical in achieving this goal,” said CDB’s Vice-President, Operations, Dr Carla Barnett.