Luanda – The country’s authorities have announced plans to resume the construction and completion works of the new Luanda International Airport, estimated at 1.4 billion dollars.
This was announced by minister of Transport, Ricardo de Abreu, at the end of the Meeting of the Cabinet Council of Economic Commission.
The minister said the funding will ensure the conclusion of the project adding that there will be no need to resort to additional financing.
“During the negotiation with the contractor we came to an agreement on the limit of the available amount, estimated at USD 1.4 billion”, the minister added.
The minister said that 33.6 percent of this amount has already been implemented.
According to the official, the understanding is the result of negotiation the Operation Office of the new International Airport of Luanda held with the contractor and supervisor of the work.
Ricardo de Abreu also said that the covid-19 pandemic impacted negatively on the re-launch of all the works of the new international airport.
Also conditioned the works was the negotiation on the financing with China, the normalization of funding conditions as well as the agreement of the financing source with the work supervisor.
However, the official assured that conditions have been created to
re-launch the construction works of the new International Airport of Luanda in all its components.
The minister highlighted that in the physical terms the airport is already with the implementation of about 56 per cent, adding that 12 more months were added to complete all the engineering works.
A pre-study on Master Plan of Icolo e Bengo Airport City, to complement to the new Luanda international airport, was presented at the meeting, with public or private partnership management and governing model to launch a set of actions for implementation of project of the new Icolo e Bengo Airport City.