Cost of the new airport in Luanda, Angola, reaches US$6.3 billion

14 September 2016

The new international airport in Luanda, which should become operational in mid 2017, has so far cost US$6.3 billion according to a study by Portuguese news agency Lusa.

The news agency reported that the airport’s construction is in the hands of the China International Fund (CIF), hired by the Angolan government for US$3.8 billion.

The Angolan government has hired China National Aero-Technology International Engineering Corporation (US$1.4 billion), China Tiesiju Civil Engineering Group (ETSC) (US$695 million) and China Hyway Group Limited (US$255 million) for other complementary works at the airport.

The airport works are located in the municipality of Icolo e Bengo, 30 kilometres from Luanda, and due to be completed in April next year.

The new international airport, with a capacity to accommodate 15 million passengers a year, is set in an area of ​​1,324 hectares and will have two double runways, with capacity to receive the largest commercial aircraft in the world, the Airbus A380.

The airport has been under construction since 2004 and is funded by China under credit lines granted by Beijing. (macauhub/CN/AO)