Kasane Airport expansion to cost P180m

Members of Parliament (MPs) started debate on the P180 million loan for the expansion of Kasane Airport to cater for large aircraft. The loan, which has been acquired from the OPEC Fund for International Development (OFID), will be repaid in 14 years at 0.4 percent interest per annum.

Minister of Finance and Development Planning Baledzi, Gaolathe told Parliament yesterday that the main objective of the project is to rehabilitate the airport, extending the runway from 2,000 meters to 3,000 meters; widening the runway from 30 to 45 meters; and refurbishing the terminal building to accommodate 673, 000 passengers per annum by 2030. The expansion will also provide serviced land for private tenants to erect their own hangars as well as construction of new airport offices.

"The airport is expected to be self-sustaining by generating income from landing fees, parking fees, passenger charges and rental of commercial area and hangar facilities," he said.  The minister added that other benefits of the project are reduction in delays in landing and take-off, handling passengers, handling of freight, and reduction in the smuggling of goods, as well as an increase in foreign currency earnings.

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