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R7 billion earmarked for Cape Town International Airport upgrades

The R7 billion investment will include the refurbishment of the domestic arrival’s terminal, the expansion of the international terminal and a new realigned runwayThe R7 billion investment will include the refurbishment of the domestic arrival’s terminal, the expansion of the international terminal and a new realigned runway

Cape Town International Airport is in for R7 billion infrastructure upgrades planned over the next five years.

The investment will include the refurbishment of the domestic arrival’s terminal, the expansion of the international terminal and a new realigned runway of worth R3.93 billion, allowing for future expansion of the terminals. 

The new runway will allow the airport to increase its per hour landing and departures from 30 to 45 aircraft movements and to handle the new generation large aircraft such as the Boeing 747-800 or the A380 aircrafts.

Mayoral Committee Member for Economic Opportunities and Asset Management, Alderman James Vos’S and Beverly Schafer (the Western Cape’s Economic Opportunities MEC) attended a recent site visit to touch base on the planned upgrades. 

Their visit comes off the back of Cape Town International Airport receiving the ‘Best Airport in Africa’ award at the 2019 Skytrax World Airports Awards last week, marking the fourth year running that the airport has won this prestigious award.

“Airport City contributed R4,7 billion to South Africa’s economy. It made a R2 billion contribution to the Income of South African and Cape Town workers and supported 43 608 direct an, indirect jobs in South Africa,” said Alderman James Vos.

The upgrade will facilitate greater air access into Cape Town and the Western Cape, enabling growth of passenger and cargo traffic which is essential for tourism and economic activity.

“This project will unlock the full potential of our aviation economy by connecting Cape Town with many more countries resulting in additional trade and investment opportunities. It will drive demand that makes business sense”.

“Tourism is one of the economic engine rooms of this province and it is responsible for the creation of thousands of jobs both in the city and in the province’s rural areas. 

The new airport development project will contribute towards growing this important sector through increased connectivity and tourist numbers. It will also improve on the world-class and award-winning offering that visitors already receive when they travel through Cape Town International Airport,” said Schafer.

The Cape Town Air Access is a partnership between the Western Cape Government, the City of Cape Town, Airports Company South Africa, Cape Town Tourism, South African Tourism, Wesgro and private sector partners.

The partnership has landed thirteen new routes, facilitated eighteen route expansions, doubled the international seat capacity by 1.5 million seats (which in turn helped the airport reach the 10.7 million passenger mark in 2017) and it has helped to grow the international passenger numbers by 20% in 2017, reaching a total of 2.4 million,

“The airport has seen constant growth over the past few years and this has placed immense pressure on the system, hence the expansion programme that is being implemented. Despite the challenges we are facing, we are still being recognised for our efforts,” concluded Chief Executive Officer of the airport, Deon Cloete.

Source: SA Commercial Property News http://www.sacommercialpropnews.co.za/south-africa-provincial-news/western-cape/8987-r7-billion-earmarked-for-cape-town-international-airport-upgrades.html

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