India, Pakistan, Middle East, Africa

• Rwanda says new airport will be ready by 2014
  2010-09-09 11:35:00
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Rwanda says new airport will be ready by 2014

2010-09-09 11:35:00

KIGALI, Sep 9 (GCTL) - Rwanda expects to have a new airport estimated to cost $350 million ready by 2014 and has set aside $98 million as capital for its national airline, RwandAir, over the next three years with a view to then selling it off once it breaks even, a top government official said.

Finance Minister John Rwangombwa told Reuters in an interview that RwandAir, which was expected to break even in 2013, was pivotal to the new airport to be located at Bugesera.

“Around 90 percent of the engineering design works are complete and by the end of September we shall be attracting investors through private-public partnership. We expect it to be finished by 2014,” Rwangombwa said.

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Category : India, Pakistan, Middle East, Africa  

Tags : RwandAir,

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