http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.83Change: -0.12
R/$ = 11.04Change: -0.17
Au 1172.85 $/ozChange: 3.68
Pt 1231.00 $/ozChange: -0.50
 
 
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 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
Blantyre|Construction|Lilongwe|London|PROJECT|Projects|Malawi|USD|Chileka International Airport|Kamuzu International Airport|Building|Transport|Bingu|James Kaphwereza Banda|Mac Phail Magwira
Construction||PROJECT|Projects||||Building|Transport|
blantyre|construction|lilongwe|london|project|projects|malawi|usd|chileka-international-airport|kamuzu-international-airport|building|transport-industry-term|bingu|james-kaphwereza-banda|mac-phail-magwira
© 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
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
More
 
 
Latest News
The retail price of 95-grade petrol in South Africa will drop by 45 cents or 3.3 percent a liter from next Wednesday, while wholesale diesel will decrease by 4.9 percent, the government said on Friday. Petrol will cost 13.16 rand ($1.20) a liter while the wholesale...
Special purpose vehicle GreenCape will, by the end of 2014, make an application to the Department of Trade and Industry (DTI), the Western Cape provincial government and the City of Cape Town to declare Atlantis, on the Western seaboard, a special economic zone...
The German government has committed a further R70-million towards the second phase of the Non-Motorised Transport (NMT) programme. The NMT programme forms part of the Department of Environmental Affairs’ 2010 FIFA World Cup National Greening Legacy Programme.
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
Financial agreement for Ghanian independent power producer (IPP) Cenpower Generation Company’s $900-million, 350 MW combined-cycle gas-turbine power plant was finalised earlier this month, paving the way for the project’s construction to begin before 2015 in Tema,...
The revenue implications for South Africa of ‘base erosion and profit shifting’ by corporate taxpayers are firmly in the crosshairs of the Davis Tax Committee (DTC) and Judge Dennis Davis hinted last week that recommendations were being considered to “detect and...
 
 
 
 
 
 
 
 
 
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