Qatar Airways to take 60 percent stake in Rwanda's 1.3-bln-USD airport

0 Comment(s)Print E-mail Xinhua, December 10, 2019
Adjust font size:

KIGALI, Dec. 9 (Xinhua) -- Qatar Airways has agreed to take a 60 percent stake in Rwanda's new international airport project, which is valued at 1.3 billion U.S. dollars, the Rwandan government said Monday.

The airline signed an investment partnership agreement with the government of Rwanda for the airport project in the Rwandan capital city of Kigali earlier in the day, under the witness of Rwandan President Paul Kagame and Qatari Emir Sheikh Tamim bin Hamad Al-Thani.

The new airport is being redesigned to accommodate 7 million passengers per year and will have the capacity to handle 14 million passengers annually by 2032, according to the Rwandan government.

Rwandan newspaper The New Times revealed in March that the Bugesera International airport was redesigned in line with global standards.

In August 2017, Kigali formally laid the foundation stone for the construction of the new airport, which will be built under a public-private partnership between the government of Rwanda and a Portuguese company on a 25-year concession with an optional 15-year extension. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter