needs of Central Alberta.” says Nancy Paish, CEO of the Red Deer Regional Airport. “The completion of Phase 1, with the widening of the runway and strengthening of key areas, has positioned Red Deer Regional Airport to accommodate larger aircraft and increased traffic. This milestone represents a critical step in our vision to become central Alberta’s aviation hub, driving economic growth and providing sustainable solutions through innovations like our new energy-efficient landing lights.” The financial outlay for Phase 1 was substantial, amounting to $15 million. The funding was provided through a combination of sources: $7.5 million from the Province of Alberta, and $3.5 million each from Red Deer County and the City of Red Deer. This collaborative funding model underscores the regional commitment to enhancing the airport’s infrastructure and ensuring its long-term viability. “The $15 million in funding for further infrastructure upgrades to the Red Deer Regional Airport will provide huge economic benefits to central Alberta,” says Jim Wood, Mayor of Red Deer County. “The expansion will allow for additional services, support job creation, and encourage future investment in 74 FEB 2025 | BUSINESS ELITE CANADA
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