Public Management

Sierra Leone inaugurates new "modern” airport terminal

Sierra Leone inaugurates new "modern” airport terminal
Monday, 06 March 2023 17:44

In application of its 2021-2024 poverty reduction strategy “New Direction”, Sierra Leone is implementing several measures to develop all sectors of the country's economy. One of the sectors benefiting from these reforms is civil aviation, which authorities want to strengthen and transform.  

Sierra Leonne has inaugurated a new airport terminal, the Presidency announced last Sunday. According to the government, the terminal is worth $270 million.

The infrastructure built in Lungi is the result of an agreement between Sierra Leone and the Turkish government. It can handle up to one million passengers a year, five times the airport's current capacity. The initiative is part of the government's "New Direction" program, one of the objectives of which is "to develop a strong and transparent regional air transport system that is safe, reliable, efficient, affordable, well connected in West Africa and integrated into the global network.

"This airport is bigger and more modern and it has been built with zero cents in debt through the Build Operate and Transfer system. The Turkish people have used their  money to build this brand-new terminal and new facilities. We owe them nothing. After operating the airport for some years, they will give us the airport for free," said President Maada Bio.

Ultimately, this investment will create jobs, boost new growth sectors, support international trade, and attract new investments. The infrastructure is the largest Turkish private investment in sub-Saharan Africa. It will be powered by solar energy and battery technology, according to the Turkish company that built it.

On May 10, 2022, while opening the last session of the fifth Parliament, President Maada Bio clearly expressed his intention to improve safety and security in the country’s civil aviation by certifying the Freetown International Airport (FNA) to International Civil Aviation Organization's (ICAO) Standards and Recommended Practices (SARP).

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Renaprov raises 1.1 billion CFA francs, below 8.4 billion target Second subscription window extended to May 15 after weak demand IPO seen as...
Central purchasing body aims to curb high living costs System introduces price controls and consumer reporting tools Launch follows a...
Pilot shows mixed feedback, with 40% of users dissatisfied Tool aims to boost transparency and consumer role in regulation Côte d'Ivoire...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW plant to power over 100,000 homes Project highlights...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
03

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
04

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
05

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.