The Ethiopian Government has finalised plans for the construction of an international airport in the country’s capital city Addis Ababa with an investment of around $4bn.
The airport will be built within a radius of 100km from Addis Ababa and will be developed in several phases in a span of about eight years.
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On completion, it will feature four runways and an undisclosed number of passenger terminals with a capacity for more than 100 million passengers annually.
Ethiopian Airports Enterprise (EAE) CEO Tewodros Dawit told AIN: "It’s not only a runway and terminal that we are going to build.
"The airport city will make Ethiopia a hub for the whole region."
In November 2014, the EAE commissioned ADPI, a French consultancy firm, to conduct a study on the mega hub airport development project. Modjo, Teji and Dukem regions under the Addis Ababa province were proposed for the new airport construction.
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By GlobalDataAddis Ababa’s Bole International Airport serviced more than eight million passengers last year, with the passenger traffic expected to increase further by 18% in the coming years.
Currently, a terminal expansion project worth $350m is underway at the Bole airport, slated to be completed in 2018.
