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The Greater Toronto Airports Authority (GTAA) has initiated discussions with design and construction companies on Pearson LIFT – Long term Investment in Facilities and Terminals (LIFT), on the procurement, planning and vision of the program.
LIFT is a capital plan spanning more than a decade, investing billions of dollars into Toronto Pearson’s facility through several construction programs aimed at preparing Canada’s largest airport for the challenges and opportunities of the coming years and beyond.
Toronto Pearson executives will launch today the first phase of a procurement process at an industry forum for 700 participants from design, construction, and technology industry companies.
Toronto Pearson has been meeting passenger needs by deploying extraordinary resources to many of its aged assets and facilities, which is not a sustainable solution with passenger traffic expected to grow to approximately 65 million annually by the early 2030s – a figure that takes the airport beyond its 45 million passengers in 2023.
Toronto Pearson Airport is making investments to accommodate increasing passenger demand to meet the expectations and experiences they expect, with a focus on affordability, smart design, and sustainability.
“Through LIFT, we will deliver a world-class passenger experience, integrate smart architecture, unlock the digital potential in air travel, and advance towards a net-zero future,” said Deborah Flint, president and chief executive officer, GTAA.
“These plans are anchored to our ambition to build an airport that will strengthen international competitiveness, leverage innovation, and advance sustainability, all which drive economic returns for Canada,” she added.
The first program of LIFT will focus on modernizing airport assets, including high speed taxi lanes to improve airfield performance, modernized airfield electric lighting and control system, interim terminal facilities, and investments in power generation to advance towards net-zero targets.
“LIFT is an investment in Canada’s future economic prosperity and is poised to generate billions of dollars in economic benefits. These necessary investments will strengthen the supply chain, open the door to new opportunities for Canadian businesses, and create good jobs right here in the GTA. Together, they will enable sustainable growth and competitiveness on a global scale,” said Doug Allingham, chairman of the board, GTAA.
These enhancements will pave the way for Toronto Pearson to become one of the greenest, technologically advanced, and passenger-friendly airports in North America and globally.
This press release was prepared and distributed by the Greater Toronto Airports Authority.
