AfDB approves $272m loan to build Msalato International Airport in Tanzania

WCN Editorial Team 20 Dec 2019 AFRICA BUILDINGS

The African Development Bank (AfDB) has approved a $272.12m loan for the construction of Msalato International Airport in Dodoma, Tanzania.

To be built in the district of Msalato, 12km from the Dodoma, the project includes the construction of high-capacity airport which will be able to accommodate the future expected growth in air transport in Tanzania.

The new airport is expected to accommodate around 50,000 aircraft and a million passengers annually, which will benefit and serve over 200 million passengers in East Africa, along with international trade networks, and especially business travellers and tourists.

Construction of the project will last for more than four years and it also includes the construction of a passenger terminal, a runway, air navigation equipment.

Additionally, the project comprises other related operational services which include a fuel distribution company, water supply systems, electrical power distribution substations and a fire-fighting service.

Of the total loan amount, AfDB will provide$198.6m and African Development Fund (ADF) will contribute $23.52m.

 
Furthermore, $50m will be provided in co-financing with the Africa Growing Together Fund (AGTF) which is a co-financing facility of the People’s Republic of China managed by AfDB.

AfDB infrastructure and urban development department director Amadou Oumarou said: “An expanded air transport network in Dodoma, together with the ongoing high-speed railway construction on the central corridor, are necessary infrastructure investments to help unlock and disperse spatial development in the countryside.

“This will strengthen the city’s potential as a strategic growth pole in keeping with Tanzania’ national development aspirations of fostering shared growth for all the regions.”

Recently, AfDB has approved $210m financing to the Federal Republic of Nigeria to fund the Nigeria Transmission Expansion Project (NTEP1) in a bid to improve the capacity and reliability of the country’s transmission grid.

The NTEP1 project will run across the states of Kano, Kaduna, Delta, Edo, Anambra, Imo, and Abia to improve the Nigerian transmission grid’s capacity.

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Image: AfDB approves $272m loan to build Msalato International Airport in Africa. Photo: courtesy of Danilo Bueno from Pixabay.

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