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July 10, 2014

European Investment Bank to fund Maputo Airport upgrades

Mozambique's Maputo Airport is to receive a €20m investment from the European Investment Bank, in order to upgrade the airport's current safety standards.

Maputo airport

Mozambique’s Maputo Airport is to receive a €20m investment from the European Investment Bank, in order to upgrade the airport’s current safety standards.

The investment follows the completion of new international and domestic terminals at the airport.

As part of the investment, the airport will see resurfacing of the runway, taxiway and apron areas, improved landing lights, adequate water supply in case of fire and aircraft fuel supply infrastructure improvements. These improvements aim to meet the safety standards set by International Civil Aviation Organisation.

Works at the Maputo Airport are anticipated to be completed by 2017.

"This crucial project will significantly improve safety for air travellers to and from Mozambique."

European Investment Bank vice-president Pim van Ballekom said: "Maputo Airport is the main passenger gateway to Mozambique and a leading regional transport hub essential for business and tourist travel in southern Africa.

"The European Investment Bank is committed to supporting investment that facilitates transport and regional economic cooperation across Africa and this crucial project will significantly improve safety for air travellers to and from Mozambique."

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The airport will also receive funding from French development agency AFD, the EU-Africa Infrastructure Trust Fund and various financial institutions streamlined under the Mutual Reliance Initiative.


Image: European Investment Bank helps ensure international safety standards at Maputo Airport. Photo: courtesy of European Investment Bank.

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