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Sharm El-Sheikh Airport Project.

Approval date: 20/05/2015

Start date: 19/05/2016

Appraisal Date: 12/02/2015

Status: Approved

Implementing Agency: Egyptian Airports Company

Location: Sharm El-Sheikh, Egypt

Description: The project consists of a new terminal building (No. 3), with all its associated facilities (commercial outlets, parking areas, mosque, etc). The new terminal will have an annual capacity of 10 mpax.

The project also includes the development of airfield works, including a new 3.6 km long (ICAO-Code E) runway, taxiway system, aprons, as well as visual aids, service roads, fences, conduits and tunnels.

Other components of the project include the electrical systems and ancillary buildings (control buildings, distribution centres, etc). Mitigation measures to impacts on surrounding network are incorporated as part of the project and these include modification to the urban access networks and surrounding infrastructure.

Objectives: The project aims at providing additional capacity to enable the airport handle the forecasted growth in traffic, which is expected to reach 18 million passengers annually (mpax) by 2025.

Quantified: Increased airport capacity in Sharm El-Sheikh by a minimum of 10 million passengers per year (mpax) and hence Contributing to GDP growth by supporting the tourism industry

Finance source Amount

ADB USD 62,119,947

MICF USD 1,200,000

Co-financier USD 34,511,082

Delta USD 365,534,364

Total USD 463,365,393

Project completion date : 2019-12-31 12:00:00

Major organization : EGYPTIAN AIRPORTS COMPANY

Address : Airport road in front of the Ministry of Civil Aviation

Cairo,

Country :Egypt

Email : info@eac-airports.com

Url : http://www.eac-airports.com/

Financier : African Development Bank (AfDB),

Financier address : African Development Bank (AfDB)

Avenue Jean-Paul II

01 BP 1387

Abidjan 01,

Cote d'Ivoire

Website : http://www.afdb.org

Email: afdb@afdb.org

Tel : +225 20 26 10 20

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Publication:Mena Report
Geographic Code:7EGYP
Date:Jan 7, 2016
Words:305
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