Investment of 32.7 million euros makes Praia International Airport one of the most modern in the region

28 January 2019

An investment of 32.7 million euros, currently in the process of completion, has made Praia International Airport in the capital of Cabo Verde (Cape Verde) one of the most modern in the region, according to the African Development Bank (ADB), which is financing the work.

The ADB, in a statement on completion of the Nelson Mandela airport expansion and modernisation project, including the new terminal for international flights, highlights the installation of new advanced 3D technology scanners that increase “the overall efficiency of security within the airport.”

“These modern facilities position Praia airport among the best equipped in the West African subregion,” said the BAD.

Built by Impresa Costruzioni Giuseppe Maltauro, the new terminal has an area of 2,560 square metres, including duty free and souvenir shops and a catering area.

Cape Verdean airport company Aeroportos e Segurança Aérea reported that the new terminal will process 1,100 passengers per hour at peak times, compared with the previous 700 passengers per hour.

The development of the country’s transport infrastructure, particularly the airport, is one of the priorities of the Cabo Verde government’s overall strategy to promote economic growth.

Air passenger traffic at Praia airport has recorded an average annual growth rate of 7.5% in recent years, 1.2 percentage points above the total average traffic of airport platforms in the country.

According to the ADB, “the transport sector offers promising economic prospects, particularly affecting tourism activity which contributes to 20% of GDP,” which is experiencing “accelerated development.”

In conjunction with the modernisation of airport infrastructures, the Cape Verdean government is also promoting the privatisation of the country’s flagship airline.

At the end of 2018, Icelandair submitted a final and binding proposal for the acquisition of 51% of the capital stock of TACV – Cabo Verde Airlines.

The owner of TACV will be Loftleidir Cape Verde, a new company of the Icelandair group, which considers the location of the Cape Verdean archipelago ideal for the development of connecting flights between Europe, South America and Africa. (Macauhub)