Monday 9 December 2019

#Qatar Airways to take 60% stake in new Rwandan international airport - Reuters

Qatar Airways to take 60% stake in new Rwandan international airport - Reuters:

Qatar Airways has agreed to take a 60% stake in a new $1.3 billion international airport in Rwanda, the state-run Rwanda Development Board said on Twitter on Monday.

The board said a first phase of construction would provide facilities for 7 million passengers a year in the Bugesera district, about 25 km south east of the capital Kigali. A second phase, expected to be completed by 2032, would double capacity to 14 million passengers a year.

The country’s infrastructure minister Claver Gatete told a news conference that a construction company was still being sought to build the airport, and that once work starts, the first phase would take five years to complete.

Qatar Airways declined to immediately comment outside of normal business hours.

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