Sharm El-Sheikh Airport Project.
Approval date: 20/05/2015
Start date: 19/05/2016
Appraisal Date: 12/02/2015
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
Email : firstname.lastname@example.org
Url : http://www.eac-airports.com/
Financier : African Development Bank (AfDB),
Financier address : African Development Bank (AfDB)
Avenue Jean-Paul II
01 BP 1387
Website : http://www.afdb.org
Tel : +225 20 26 10 20
[c] 2016 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Jan 7, 2016|
|Previous Article:||Risk Mitigation Instrument for Land Restoration (Non-Grant).|
|Next Article:||Higher Education Project Science and Technology (HEST).|