Ethiopian Airlines Group, in collaboration with the African Development Bank (AfDB), has embarked on an ambitious project to construct the Bishoftu International Airport near Addis Ababa, Ethiopia. This $7.8 billion initiative aims to transform Ethiopia’s aviation landscape by significantly increasing passenger capacity and positioning the nation as a premier African aviation hub.
The Bishoftu International Airport is set to be located approximately 40 kilometers southeast of Addis Ababa, near the town of Bishoftu. Upon completion, the airport is expected to handle over 60 million passengers annually by 2040, a substantial increase from the current capacity of 17 million at Bole International Airport.
This expansion is anticipated to alleviate congestion at Bole International Airport and accommodate the growing demand for air travel in the region.
The development of Bishoftu International Airport is poised to deliver significant economic benefits to Ethiopia and the broader African continent. The increased passenger capacity is expected to boost tourism, facilitate trade, and attract foreign investment. Additionally, the construction and operation phases are projected to create numerous job opportunities across various sectors, including aviation, construction, hospitality, and retail.
Furthermore, the project’s alignment with Ethiopia’s economic reform agenda underscores its potential to contribute to national GDP growth. The AfDB’s investment of $1.2 billion in Ethiopia highlights the bank’s commitment to supporting transformative infrastructure projects that drive sustainable development and regional integration.
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