The Dominica government said it will grant a construction contract for the international airport on the island's north-eastern coast next month.
Dominica signed an agreement with the Canadian-based Montreal Management Consultants Establishment Limited (MMCE) six months ago to build the airport.
The government said that the EC$1billion (CI$384 million) venture to be situated on land between the Woodford Hill and Wesley villages will be funded under the Citizenship by Investment Programme (CBI).
Under the CBI, Dominica provides citizenship to foreign investors who make a significant economic boost. It will replace Melville Hall as the main airport.
Prime Minister Roosevelt Skerrit said: “The response has been so encouraging that American Airlines has informed that they will increase their number of flights to Dominica, from two times a week to three times, from 5 January.”
Skerrit added that over the next few years, the Wesley/Woodford Hill area will be transformed into a hive of activity with business and employment opportunities.
He said: “In the site preparation, earthworks, and construction, there will be jobs for our people both skilled and unskilled, and in the provision of equipment and materials. There will be opportunities for those providing services, catering, shops, entertainment and for our farmers and fishers. The opportunities are endless.”