Yanditswe Dec, 09 2019 17:22 PM | 1,709 Views
The Government of Rwanda and Qatar Airways today concluded an investment partnership for Rwanda’s new international airport.
According to the statement from both parties, the partnership features three agreements to build, own, and operate the state-of-the-art facility.
”Qatar Airways has agreed to take a 60% stake in the project, which as a whole is valued at around $1.3 billion, ” the statement reads in part.
The new Bugesera airport is being redesigned to accommodate seven million passengers per year, with a second phase for 14 million passengers a year expected to start by 2022.
The agreements signed today mark a key milestone in the development of Rwanda’s vibrant aviation sector, in the context of the excellent bilateral relationship between Qatar and Rwanda.
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