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- Technical and Economic Feasibility Study for a New Airport for Mzuzu City
Technical and Economic Feasibility Study for a New Airport for Mzuzu City
Malawi
Financing Type | Grants |
Category | Technical Assistance |
Focus Area | Transportation |
Approved | 22.09.2021 |
Signed | 31.03.2022 |
Loan Administrator | OPEC Fund for International Development |
Co-financiers | BADEA, The Government of Malawi |
Organization | DCA |
OPEC Fund Contribution (US$m) | 0.35 |
This project preparation grant, sponsored by the PSOD/ ESA Region, is intended to finance the preparation of the feasibility study for the construction of a new airport for Mzuzu City in Malawi. The overall cost of the feasibility study is US$800,000. The OPEC Fund and BADEA are to each contribute US$350,000 towards the study, and the Government of Malawi will contribute US$ 100,000. Implementation will be under the oversight of the Department of Civil Aviation (DCA) at the Ministry of Transport and Public Works (MOTPW). The proposed grant will directly support PSOD work in Malawi. Specifically, it is expected to result in a potential US$200.00 million (based on preliminary estimates ) investment that BADEA and the OPEC Fund could subsequently finance with the Government and other partners.