http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.02Change: 0.15
R/$ = 11.90Change: 0.22
Au 1203.25 $/ozChange: -3.46
Pt 1145.50 $/ozChange: -8.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Apr 10, 2009

Malawi seek partners for $1bn upgrade of region's oldest airfield

Back
Construction|Building|PROJECT|Projects
Construction|Building|PROJECT|Projects
construction|building|project|projects
© Reuse this



The Malawi government is seeking investors to partner it in a $1-billion project to upgrade the Southern African country’s oldest airfield, Chileka International Airport, to modern standards.

The Malawi Investment Promotion Agency (MIPA), which has put the project out to tender, says government is looking to concession the airport to a private-sector partner for a period of time in a build, operate and transfer deal.

“The . . . project will include the construction of a new terminal building and the rehabilitation and widening of the runway,” says MIPA GM James Kaphwereza Banda.

Banda says the MIPA also tabled the project to prospective investors through the Commonwealth Business Forum, in London and Blantyre, last year.

“Some inquiries were made, but you will understand that this project is quite big and is long term in nature, hence, any would-be investor needs time before coming forth . . . but we are waiting for feedback from some investors that have shown interest,” he says.

Ministry of Transport and Public Works principal secretary Mac Phail Magwira comments that the Chileka modernisation and privatisation project is part of a broader initiative to commercialise and privatise all the major airports in Malawi, including Lilongwe’s Kamuzu International Airport (KIA), the country's biggest.

Magwira says the rehabilitation and modernisation of the airports will be done in phases in order to avoid total closure of the facilities.

He says the Malawi government, with the support of its cooperating partners, is ready to fund aspects of the Chileka and the KIA projects in order to improve the conditions of the airports and attract private-sector interest.

Two months ago, President Bingu wa Mutharika revealed that there were three companies bidding to invest in, and run, the KIA.

The President, however, refused to identify the companies, saying it was premature to do so.

The Malawi government has already set aside $18-million to redevelop KIA to the standard that can attract private investors.

Magwira says the project is expected to start in May and will involve the reconstruction of the runway and the aprons, and other assorted works.

“Government will be rehabilitating the airports while the MIPA continues scouting for investors that will take over the running of these facilities,” says Magwira.

Meanwhile, the Malawi government says that it has finalised plans for the construction of a new airport, to be called Namiyasi Airport, in the southern lakeshore tourism district of Mangochi.




Edited by: Martin Zhuwakinyu
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other News This Week News
Sappi Southern Africa CEO Alex Thiel
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
More
 
 
Latest News
Updated 1 hour 20 minutes ago Transport Minister Dipuo Peters on Tuesday called for answers into the cause of the train crash in Johannesburg that killed a woman Metrorail employee. "As government... we need PRASA to give answers as to how a moving train can crash into a stationary one," she told...
Updated 1 hour 41 minutes ago Global stainless steel melt shop production increased by 8.3% year-on-year, to 41.7-millions tonnes in 2014, the International Stainless Steel Forum (ISSF) revealed on Tuesday. Output had increased in all regions except for Central and Eastern Europe, where output...
Updated 2 hours 18 minutes ago The “robust” inverse relationship between the rate of unemployment and housing prices continues to confirm that the average price of homes is largely driven by the performance of the local economy, the latest ‘Rode’s Report on the South African Property Market’ has...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Sappi Southern Africa CEO Alex Thiel
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
With growth rates exceeding that in the developed world – at an average of between 4% and 5% between 2002 and 2014 – African countries provide investors with ample reason to tap into booming consumer demand says Manufacturing Circle executive director Coenraad...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) decreased by 3.7 index points month-on-month to 89.1 in March.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96