Africa's largest carrier, Ethiopian Airlines, plans to start building a new $5 billion airport in six months, its CEO, Tewolde GebreMariam, said. So all the targets that we have planned for vision 2025 are completed by 2018,” Mr. Tewolde said, speaking to ENA. Bole International Airport in Addis Ababa has a passenger capacity of about 19 million passengers annually. Tewolde noted that the price tag of the new airport was higher than the $4 billion cost of building the still-to-be-completed Grand Ethiopian Renaissance Dam on the Nile, with the projected passenger numbers topping those at Dubai’s international airport. He did not give details of how the construction would be funded, nor who would build the new airport.

Source: Ethiopian News January 16, 2020 07:18 UTC