Rwanda a step closer to becoming East African transportation hub
14 Jul 2017 - by Staff reporter
The Rwandan government signed a concession agreement for the construction and operation of the Bugesera International Airport in Kigali yesterday (Thursday).
This was done with the backing of the African Legal Support Facility (ALSF) of the African Development Bank (AfDB).
“The ALSF grant includes a capacity building component which ensures that the procured experts will train Rwandans to monitor the project’s development,” said Emmanuel Rugambwa, a strategic investment analyst at the Rwanda Development Board.
The aim of the US$700m airport project is to generate socio-economic development in Kigali and to support the intended positioning of Kigali as a nerve centre for business, travel and shipping in East Africa, according to AfDB spokesperson Omar Yusuf.
The project will be executed in four phases, with the first phase involving approximately 27 months of construction – at an estimated cost of US$400 million – and is expected to be completed by 2019.