Mota Engil will built the new Bugesera Airport, in Rwanda.
8 August 2017
Works on Bugesera International Airport will be launched tomorrow (09 August 2017), the Ministry of Infrastructure has said.
This will officially flag off the construction works on the $818-million proposed facility that will serve as main airport for the country. It is located in Bugesera District, Eastern Province.
Source: Rwanda News Times : HERE
MOTA-ENGIL SIGNS AN AGREEMENT TO DEVELOP THE NEW BUGESERA INTERNATIONAL AIRPORT IN RWANDA
MOTA-ENGIL S.G.P.S., S.A informs that a Joint-Venture in which MOTA-ENGIL ENGENHARIA & CONSTRUÇÃO ÁFRICA SA (“MOTA-ENGIL AFRICA”) has a 75% stake signed today an agreement to develop the new “Bugesera International Airport” in Rwanda, subject to Financial Close.
The Agreement includes the financing, construction, operation and maintenance of the “Bugesera International Airport” for a period of 25 years, with an option of 15 years extension, and has an initial
investment in Construction of 418 million USD (approximately € 375 Million].
The new Airport will have an initial capacity of 1.7 Million passengers, and will expand subsequently upontraffic milestones being reached. The construction contract which is to be performed 100% by MOTA-ENGIL AFRICA is a fast-track construction contract, expected to be concluded in December 2018. It is anticipated that relevant international investors will adhere to the project, allowing the Financial Close to be reached at the latest by 30th June 2017 (works will start in June 2017, first flight should start in December 2018).
The project is part of an ambitious investment Program of the Rwanda Government to establish Kigali as a Tourist and Business Conference destination, as well as the hub for the RwandAir. This investment comes as an extension of the acquisition by Rwanda Air of new airplanes, and its aggressive growth plans, to be a leader in the Commercial Airlines Business in Africa.
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