π Tender Overview
Scope :
Aeroport International Blaise Diagne (AIBD), the joint operator of Senegalβs Blaise Diagne International airport, has secured an estimated β¬300 million (US$327 million) in credit to support the ongoing expansion of the airport.
The project will increase Blaise Diagne airport's annual passenger capacity by 40% from the current 3 million to more than 5 million. It also entails constructing a cargo terminal.
The financing will also support the renovation of Senegalβs regional airports under the ongoing regional airport reconstruction programme (PRAS).
Of the total, β¬100 million was sourced from asset manager Ninety One and the UKβs Standard Chartered Bank, while β¬200 million was contributed by a consortium of banks.
Blaise Diagne airport is located 43km east of the centre of the capital Dakar and opened in December 2017. It is operated by a group of AIBD and Turkeyβs Limak and Summa.
The government wants to turn Senegal into the leading aviation hub in West Africa, with a traffic of 10 million passengers a year by 2035.
The PRAS initiative is divided into two phases. PRAS 1 involves the rehabilitation of the airports of Saint Louis, Ourossogui-Matam in the northwestern region of Matam, Ziguinchor in the southwest, and Tambacounda and Kedougou in the southeast.
PRAS 2 includes the airports of Kolda in the south, Podor in the north on the border with Mauritania, Linguere in the northwest, Bakel in the southeastern region of Tambacounda, Cap Skirring in the Ziguinchor region on the border with Guinea-Bissau, Simenti in the southeast, Sedhiou in the southwest and Kaolack in westcentral Senegal.