CONSTRUCTION OF TWO AIRPORT IN MADAGASCAR GETS UNDERWAY

Madagascar Airport set for construction after concession was granted that will help grow the tourism industry in the country.

The construction which is for a public-private partnership concession of Ivato International Airport and Fascene Airport in Madagascar is set to kick. The concession which  includes a new 17,500sqm international terminal at Ivato International Airport in Antananarivo, will have an initial capacity of 1.5 million passengers per annum plus the airport’s existing terminal will also be renovated to handle increased domestic traffic, while the runway will be strengthened and resurfaced.

The Fascene Airport in Nosy Bé is expected to have a refurbish of the runway and existing terminal building that will support  additional passenger numbers.

Adria Canals-Macia, Project Director, Mott MacDonald; ”This concession is a major opportunity for the Malagasy government to foster economic growth in the country, particularly by supporting a growing tourism industry.”

Mott MacDonald who is acting as the lenders’ technical advisor on the scheme provided technical, environmental and social due diligence during the scheme’s financing stage, including developing a capital investment plan and undertaking environmental assessments.

The Ivato and Fascene airports welcomes over 845,000 and 147,000 passengers respectively in 2016, almost two thirds of whom were international passengers and will see it grow by an average of 5% per annum for the foreseeable future.

The construction of both project is expected to be completed in early 2020 that will fom part of a 28-year concession period.