Showing posts with label China Exim Bank. Show all posts
Showing posts with label China Exim Bank. Show all posts

Tuesday, August 6, 2013

■ TANZANIA: Zanzibari lawmakers irate at cost overruns, poor workmanship at new airport terminal.

The Zanzibari House of Representatives has taken the government there to task over continuous delays and cost overruns in the construction of an urgently needed new international terminal (Terminal II) at Zanzibar's Abeid Amani Karume International Airport.

Wednesday, July 17, 2013

■■ SUDAN: See Renderings for New Khartoum International Airport to be built and financed by China.

Sudanese Coat of Arms

[UPDATE 17 JULY 2013] The Arab press is reporting that the Sudanese Government has signed a USD$750million loan, with an as-yet-unspecified foreign bank, to fund the initial construction phase of the capital, Khartoum's, New International Airport. The loan will be repaid over a period of 25 years, beginning after the completion of the project. Other loans secured thus far include a USD$47million loan from the Kuwait Fund for Arab Economic Development signed in July 2010, and another for USD$120million from the Jeddah-based Islamic Development Bank (IDB) signed in May 2010.

Monday, July 8, 2013

■ CHINA: Sierra Leone Government finalizes $8billion worth of infrastructure projects including new airport for Freetown.

Sierra LeoneSierra Leonian president,  Dr Ernest Bai Koroma, finalized a USD300million deal with the China Railway International Company for the construction of a new international airport to serve Freetown during his recent week-long trip to China. The airport forms part of a group of investments totalling USD8billion China is set to make in the impoverished West African state.

Sunday, April 14, 2013

■■ RWANDA: (Pics) A look at Kigali's proposed New Bugesera International Airport.

New Bugesera International Airport, Kigali, Rwanda

[UPDATE 14 APRIL] After the horrific aftermath of the genocide of 1994, Rwanda's economy has risen from the ashes to become one of Africa's most dynamic and fastest growing, registering at least 8 percent GDP growth in the past 5 years, with 6.9% growth projected for 2013. As part of its Vision 2020, amongst whose aims is to transform the country from a subsistence-farming based economy into a middle-income (>USD900/month) services hub, the Rwandan Government has moved to develop a vibrant private sector by investing in Roads, Rail and water transport infrastructure with the ultimate aim of dramatically reducing the cost of transport to businesses and individuals. Of the several large infrastructure projects proposed, the most economically far reaching is a new airport, Bugesera International Airport, to be built outside of the capital, Kigali.

Sunday, January 13, 2013

■ TOGO: Construction works at l’Aéroport Lomé-Tokoin nearing completion.

Société Aéroportuaire de Lomé TokoinThe upgrading and expansion of the Togolese capital, Lomé's, l’Aéroport International Gnassingbé Eyadèma (AIGE), also known as Lomé-Tokoin Airport, is progressing with work nearing 80% completion. The project, funded by the Chinese Export-Import Bank (ExIm Bank) to the tune of USD150million and using the China Airport Construction Group Corporation (CACC) and WIETEC, aims to transform Lomé into a "sub-regional transport hub."

Sunday, October 28, 2012

■ NIGERIA: (Pics) New General Aviation Terminal in Lagos opened but legal battles over its concessions still loom.

NigeriaNigeria's Secretary to the Government of the Federation, Senator Anyim Pius Anyim, last Monday officially opened Lagos's Murtala Mohammed Airport's newly remodelled domestic terminal popularly called the General Aviation Terminal (GAT), built at a cost of USD4.1million.