The Brazilian government has agreed to finance $173.2m for the expansion of Tamale International Airport in Ghana.
The modernisation of Tamale Airport, which is part of the Savannah Accelerated Development Authority (SADA) programme, will allow the it to gain international status and make it a major export hub for farm-produced goods and other products.
Following the discussions, Brazil's national EXIM bank BNDES will finance the project, while construction work will be carried out by Brazilian infrastructure development firm, Queiroz Galvao.
The firm has signed a memorandum of understanding with the Ghana Ministry of Transport and has finished the required designs and phasing for the project.
During the initial phase, Queiroz Galvao will expand the existing runway to handle large body aircrafts, which will take about a year to complete, and construct an international standard terminal facility, expected to take nearly two years to complete.
The next phase includes the provision of additional services, such as hangers, a maintenance area, catering and ground handling.
During the final stage, Queiroz Galvao will construct a cargo village for fresh fruit farmers in the Savanna regions, as well as the various processing companies in the area.
According to the government, the overall project is expected to be completed in four years. Following which, the airport is expected to increase its passenger handling capacity exponentially from the current limit of 1,500.
The Tamale International Airport, managed by the Ghana Airport (GACL), will repay the financing amount from its own operations.