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DENVER – Nov. 8, 2021 – On Friday, Nov. 5, the U.S. House of Representatives passed the highly touted $1.2 trillion bipartisan infrastructure package. The bill was approved by the Senate in August and will now go to President Biden, who is expected to sign the bill imminently. This is the largest transportation spending package in U.S. history.
Among the major elements of the package is $25 billion in general fund expenditures for airports over the next five years, including $15 billion for airport infrastructure grants, $5 billion for a new airport terminal program and $5 billion for FAA facilities and equipment.
This critical infusion of funds will enable DEN to further supplement our capital improvement plan priorities, including Phase 3 the Great Hall Project, Peña Boulevard modernization, continued rehabilitation of our taxiways, and key sustainability projects.
“As a proponent of federal infrastructure investment, I want to recognize the extraordinary efforts of our lawmakers that went into passing this critical bipartisan legislation,” said Phillip Washington, CEO of Denver International Airport. “This infusion of funds is much needed and will provide added flexibility for airports like DEN to make much needed investments to upgrade our aging systems and to expand our capacity, and to support the exponential growth in passenger traffic we are experiencing now and in the future. Larger than that is the fact that investments in infrastructure not only benefit those of us to today but will provide a benefit to future generations in the Rocky Mountain region.”
Denver International Airport is one of the busiest airports in the world. DEN is the primary economic engine for the state of Colorado, generating more than $36 billion for the region annually. For more information visit www.FlyDenver.com, check us out on YouTube and Instagram, like us on Facebook and follow us on Twitter. Sign up for DEN’s monthly newsletter Nonstop News.
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