|Approval Date||22 May 2013|
|Signature Date||25 Jun 2013|
|Planned Completion Date||31 Dec 2020|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||21050|
The project to expand and modernise the Praia Airport (PEMAP), whose initial construction was cofinanced by ADB, has been designed based on a feasibility study completed in February 2013 and funded by the Bank and the Government. This study highlight the operational constraints resulting from the limited capacity of current facilities and their repercussions in terms of protracted processing of passenger and freight traffic, and deterioration of the quality of services provided at the airport, and conclude that there is need for the investments envisaged. This project will address the air transport demand, especially those needs relating to economic activity and tourism. It is an investment project that entails infrastructure construction and the procurement of airport equipment. To address the projected traffic increase and ensure efficient management of passenger flows at peak periods, the following improvements are envisaged: (i) expansion of the passenger terminal; (ii) expansion of the aircraft parking area and various networks; and (iii) renovation of the freight terminal. The project will be executed from May 2013 to December 2016, at an estimated total cost of EUR 32.794 million, net of taxes and customs duties (NTCD). The project is expected to contribute to the development of Cape Verde’s air transport infrastructure. It will also generate additional economic activity and boost tourism to create jobs and fuel GDP increase.
The sector objective of the project is to develop Cape Verde’s air transport infrastructure and increase the share of tourism in GDP. Specifically, the project seeks to expand and improve the intake capacity of the air terminal and the aircraft parking area, to reach a target of 1 million passengers per year by 2020 and 2.2 million by 2035.
The direct beneficiaries are the populations of the project area, namely: the village of Sao Tome, the village of Achada Grande and the city of Praia which hosts 131,000 inhabitants is 48% of the population of the island of Santiago and 28% of the total population of the country. In addition, the socio-economic benefits of the international airport extension project cover the national territory of Cape Verde because of the increase in the number of passengers which is likely to generate additional economic activity (development of the tourism, creation and reinforcement of economic activities with consequent creation of employment and increase of GDP).
African Development Bank
Government Of Cape Verde
MINISTERE DES INFRASTRUCTURES ET DE L'ECONOMIE MARITIME
|Last Update||11 Jul 2020|
|Name||WADE Mohamed El Abass|
|14.942 -23.4845||Praia International Airport|