Your are here  » Home   » Cartoon

Fast-track JKIA expansion, orders Kibaki

Updated Saturday, March 31st 2012 at 00:00 GMT +3

By Fredrick Obura

President Kibaki has directed speedy completion of the multi-billion shilling expansion of Jomo Kenyatta International Airport (JKIA).

Kibaki said any further delay of the new airport terminal was likely to hurt other development targets linked to Vision 2030 development goals.

President Kibaki (left), unveils KQ Rights Issue share price when he officially launched the offer at KICC, Nairobi. With him are the KQ board Chairman, Evanson Mwaniki (right), and Titus Naikuni, the airline’s Managing Director and Chief Executive Officer.

"I am calling upon the ministry and the authorities in charge to move fast and complete JKIA expansion project. It would help the airport become a hub of choice and compete well with others within and outside the continent," he said.

The expansion of the Jomo Kenyatta international Airport is expected to enable the facility handle nine million visitors per year by 2013, up from the current 2.5 million.

It would further see the construction of a new terminal as well as a multi-storied garage to handle the excess traffic anticipated in the next two years, as tourist numbers continue to rise.

In June 2010, the Kenya Airports Authority (KAA) received a loan of Sh15.5 billion for the expansion of the international airport.

"We cannot afford further delays, and we need to move with the rest of the world," he said.

Kibaki suggested that the authorities could explore other options including working with the private sector to fast track the expansion.

The head of State was speaking during the launch of Kenya Airways right issue in Nairobi yesterday.

Speaking during the launch, Evanson Mwaniki, the airline’s chairman also warned that any delays in JKIA’s expansion would jeopardise the airline’s ambitious growth strategy, which involves growing its fleet.

GO TO PAGE 1 2 Next »
Comments in chronological order (Total 0 comments)



1100 characters remaining
 
Google+

Popular on Facebook

KCB 41.00 0.00
COOP 17.00 0.05
KPLC 17.15 0.15
ARM 70.00 1.00
EQTY 35.00 0.50
HFCK 25.50 0.00
KAPC 125.00 -1.00
KENO 10.95 0.15
KQ 11.30 0.00
MSC 4.45 0.05
SASN 13.50 -0.05
SCOM 7.25 0.00
Watch KTN Live Listen to Radio Maisha Live