Qatar airways to buy 60% stake in Rwanda International airport
Qatar Airways agreed to buy a 60% stake in Rwanda International Airport from the Rwanda Development Board.
Rwanda International Airport is located in the Bugesera district, about 25 km away from the capital Kigali. The Airport is currently is in the first stage of modification, after which it can accommodate about 7 million passengers per year. The second phase of the airport is expected to be completed by 2032, which will double the capacity of the airport to 14 million passengers per year.
Rwanda government has already signed a contract with Portuguese construction company Mota-Engil for the works of the airport. The construction cost is estimated at US$ 818 million. After investment from Qatar Airways, the government is considering to build a larger airport.
Country updates
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December 02, 2019
RFQ launched for ferry services on Lake Kivu
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IPS, SN Power awarded 147 MW Ruzizi III hydropower project
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January 17, 2019
AIIF3 fund invests in off-grid solar systems
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May 29, 2018
KT launches blueprint for telecoms PPPs in Africa
KT Corp., the largest telecommunications company in Korea, has announced that it intends to expand its operations in African countries following the success of its development of a nationwide Long Ter...
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