Toronto Pearson International Airport Launches Ten-Year Investment Plan with Initial $3 Billion

en.Wedoany.com Reported - Toronto Pearson International Airport in Canada has recently launched a phased ten-year investment plan called Pearson LIFT. The plan includes infrastructure works, system modernization, and operational enhancements to address anticipated passenger and cargo growth. The launch ceremony was attended by Canadian federal, provincial, and municipal officials, as well as representatives from the airport and construction teams.

The initial investment is $3 billion, focusing on modernizing the baggage handling system and improving runway area access. The plan calls for the construction of nearly 30 kilometers of new baggage infrastructure, the installation of conveyor belts in Terminal 1, and the incorporation of sensors for early fault detection to enhance operational continuity and accelerate passenger throughput. The plan also introduces a new Airfield Lighting Control and Management System to improve runway and taxiway coordination, laying the foundation for future digital development. In the energy sector, electric vehicle infrastructure will be expanded, the power grid improved, and heating systems adjusted.

The airport expansion will cover 2.2 million square meters, including new aprons and a high-speed taxiway. The added capacity will enable the airport to accommodate up to an additional 28,000 passengers daily. According to an independent analysis, the plan will bring annual throughput capacity to 65 million passengers, create 16,000 direct jobs at the airport and over 160,000 jobs nationwide, contribute $30 billion to the economy, and generate over $10 billion in annual procurement from Canadian suppliers.

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