Newcastle Williamtown Airport secures USD35m loan for major infrastructure projects

    Newcastle Williamtown Airport signed (06-Jun-2019) a AUD50 million (USD35 million), five year debt facility agreement with ANZ Bank. The airport expects a direct, sustained economic benefit to the Hunter region and northern NSW from a series of major infrastructure projects funded through the facility. Planned future projects include:

    • Enhanced terminal;
    • Expanded car parking facilities;
    • Essential airside facilities, including a new apron, taxiway and aircraft parking bays;
    • The facility will also help fund stage one construction of the airport’s Astra Aerolab development, a major defence and aerospace hub.

    Planned future projects include a significantly enhanced terminal, expanded car parking facilities and essential airside facilities, such as a new apron, taxiway and aircraft parking bays, all of which will allow the airport to meet growing passenger demand.