in Airports

Zimbabwe seeks Chinese funding for Harare Intl. Airport upgrade and expansion

Posted 23 March 2017 · Add Comment

Zimbabwe has approached the Chinese Import Export Bank (Exim) asking for an undisclosed loan amount to fund the planned upgrading and expansion of the Harare International Airport. By Oscar Nkala

Transport minister Jorum Gumbo confirmed to local daily paper Newsday that negotiations were underway with Exim Bank but declined to comment on the progress.

He said Zimbabwe was keen to upgrade and expand airport infrastructure, which resulted in the recent commissioning of the new Victoria Falls International Airport (VFIA).

The infrastructural expansion and upgrade works at Victoria Falls were funded from a Chinese loan of US$155 million. According to the report, negotiations for Chinese funding of the expansion of Harare International Airport began months ago and have reached the final stage.


Executives from China Exim Bank have already met with officials from the Civil Aviation Authority of Zimbabwe (CAAZ)and conducted a site assessments. The deal loan proposal now awaits approval by the Zimbabwean Ministry of Finance.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Airbus and OneWeb Satellites start serial production

OneWeb Satellites has inaugurated its assembly line at Airbus' manufacturing facility in Toulouse to begin end-to-end validation, testing, and integration of its first satellites set for launch in just over nine months.

SITA: Technology boosts passenger satisfaction at baggage collection and borders

SITA has released a survey revealing passenger satisfaction is higher during the airline journey when self-service technologies are used, particularly at bag tag and collection, and passport checkpoints.

Experts call to strengthen Africa's aviation industry at ICAO conference

Experts at this week's ICAO conference in Addis Ababa have called for strengthening Africa's aviation industry in terms of development on the continent, reports XinhuaNet.

RwandAir enables Maestro, Discover, Diners and JCB cards for online tickets payments

RwandAir enables Maestro, Discover, Diners and JCB cards for online tickets payments

ADB Safegate lights up runway at Ghana's Tamale Airport

ADB Safegate has installed the runway lights at Ghana's Tamale Airport Upgrades airport using CAT II LED airfield ground lighting to enable night operations.

Honeywell helps aircraft operators comply with upcoming mandates

Honeywell has met the performance standard for transponders required by the European Aviation Safety Agency to make air traffic management safer and more efficient.

Aviation Africa SK18418
See us at
Aviation Africa BT18418Global Aerospace BT28218GroundHandling BT0303280917