TradeInvest Africa (Cape Town)
19 March 2009
Investment Opportunity: Construction and Materials Infrastructure
Investors are increasingly turning the continent's infrastructural constraints into profitable investment opportunities. A project worth an estimated US$150mn to build an international airport and link road in Swaziland needs investors.
International airport and link road
Project description: This project entails the construction of an international airport at Sikhuphe, and upgrading of a link road from the airport to Manzini. The design of the airport is complete while the runway is 90% done. The project falls under the Millennium Program whose aim is to accelerate economic growth with strategic projects involving the development of infrastructure and tourism.
Features
Once completed Sikhuphe airport will have the capacity to:
• Hold B747 aircrafts
• Serve flights to any destination in the world
• Primarily serve a proposed International Convention Centre.
• Serve as a tourism gateway to the Kruger, Maputo, Kwa Zulu Natal, Victoria falls and Swaziland's game parks.
Level of investment: +/-US$150 million
Type of investment: Public Private Partnership
Sector status: There is currently one airport, which can not handle large aircraft. The proposed airport will provide an alternative to the use of O.R Tambo airport for both cargo and tourists coming into the country.
Construction of low cost to middle income housing.
Status: There is need for low cost housing in Swaziland as increased urbanization puts strain on available infrastructure. Government and other international organisations are funding this 5-year project project worth US$100 million.
Type of investment: Public Private Partnerships, private sector partnerships, joint ventures
Fiscal incentives: Access to available local funds.
For more information contact the Swaziland Investment Promotion Agency.
http://www.tradeinvestafrica.com/investment_opportunities/971102.htm
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