FEATURED STORY

Kenya secures Sh17b funding for JKIA expansion

Share
Jomo Kenyatta International Airport in Nairobi. Kenya Airways has pulled out of plans to take over management of the airport. [Photo/Business Today/File]
Jomo Kenyatta International Airport in Nairobi. Kenya Airways has pulled out of plans to take over management of the airport. [Photo/Business Today/File]
Share

The African development Bank (AfDB) has approved a Ksh 16.5 billion (US$160m) loan for the expansion of  Jomo Kenyatta International Airport (JKIA) providing a major boost to Kenya’s efforts to make Nairobi an aviation hub.

The project entails construction of a 4.9-km second runway to International Civil Aviation Organisation (ICAO) Category II standards, including connecting taxiways, additional parking stands for aircraft, and an air rescue firefighting unit.

The existing single runway is operating at Category Flights Conditions level one (CAT-I) with a width of 45m and 4.1 km long. The 2nd runway will support more air traffic and facilitate increased tourism and business travel and expedite a two-way cargo traffic,” says Amadou Oumarou, Director at AfDB’s Infrastructure, Cities and Urban Development who worked on the project.

The project is designed to improve reliability of air transport to and from JKIA by reducing delays at peak hours and costly flight diversions arising from incidences on the existing runway, as well as the configuration of the existing single runway facility that impede the airports operational efficiency.

In so doing, the project will enhance regional integration and expand international trade via improved regional and international air connectivity, as well as facilitate high-value exports and imports, increase tourist earnings, and advance Kenya’s economy towards the middle-income status.

READ: Family Bank records Sh748 million loss

Furthermore, the project will significantly improve resilience and airport capacity to enable direct intercontinental flights to North America and Australia. This is expected to increase access for Kenyan floricultural produce to new markets.

As part of the airport’s broader  expansion and modernization set forth in the JKIA 2010 Master Plan, the project ties in with the development objectives and priorities of the government’s Vision 2030,  the Bank’s strategy and the Hi-5 priorities all of which lend support to projects that enhance economic efficiency, regional integration, and facilitate international trade.

On completion, the project will significantly increase tourism and business travel annually by 4.2% between 2026 and 2052, while two-way cargo traffic is projected to annually grow by 5.1% over the same period. Together, growth arising from aviation, tourism, and floriculture, is estimated to generate about Ksh 155 million (US$ 1.5m) jobs and add approximately Ksh 2.34 trillion (US$ 22.7b) (estimated as at 2016) in added-value to the national GDP.

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...

Treasury CS John Mbadi
FEATURED STORY

Understanding Tax Amendment Bills: How The New Laws Will Affect Kenyans

The government has announced several amendments to the existing tax laws to...

Prime Cabinet Secretary and Cabinet Secretary for Foreign & Diaspora Affairs
FEATURED STORY

Inside Kenya’s 60 Years of Diplomatic Journey

Kenya is set to commemorate 60 years of diplomacy this week starting...