Iqaluit Airport

Iqaluit International Airport

  • City

    Iqaluit, NU

  • Completion Date

  • Square Footage

    146,000sqft

  • Status

    Operational

  • Value

    $418,900,000

About the Iqaluit International Airport Project

The airport project included the design and construction of a new air terminal building and combined services building, the repaving and expansion of the runway, taxiway and apron, and the enhancement of roadways and lighting systems. The new airport facility opened in December 2017, with the 30-year project concession period concluding in 2047. 

The Iqaluit International Airport project utilizes a public-private partnership model with the Government of Nunavut and has an original contract value of $418.9 million.

Located in the capital of Canada’s Nunavut Territory, the Iqaluit International Airport serves as a major gateway to the north, with scheduled passenger service from Ottawa, Montreal, Rankin Inlet, Kuujjuaq and other smaller communities throughout eastern Nunavut. 

Canadian Council for Public-Private Partnerships (CCPPP) Gold Award recipient in the Infrastructure category of the 2017 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s)

Concert Infrastructure's Involvement

In April 2019, Concert Infrastructure acquired a 99.8% interest in Arctic Infrastructure Limited Partnership—the project company responsible for the improvement, operation, and ongoing maintenance of the airport.

About Concert Infrastructure

Concert Infrastructure was founded in 2010 to partner with governments and invest in, develop and manage critical public infrastructure that strengthens the economic and social fabric of Canadian communities, while providing stable financial returns for our Canadian union and management pension plan unitholders.

The company has directly invested in and manages 12 public-private partnership (P3) infrastructure projects across four provinces and one territory in Canada, along with two investments in global infrastructure portfolios, resulting in an aggregate portfolio capitalization of $3.8 billion.

 

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