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« INDIA: UTI International to launch $300 m infrastructure fund | Main | World Bank aims to broaden FDI flows via insurance »

November 8, 2006

African airports need $200bn for upgrade

Source: Business Report

By SAMANTHA ENSLIN, AUDREY D'ANGELO and BLOOMBERG

Cape Town - African nations need to invest between $150 billion (R1.1 trillion) and $200 billion in their airports to bring them up to international standards, according to the African Development Bank.

Africa had about 117 international airports, 500 national airports and more than 1 000 other airfields, said Mandla Gantsho, the bank's vice-president of infrastructure and regional co-operation.

Full Story...

Posted by pichu at November 8, 2006 1:39 PM