ACSA
The delayed and much-needed multi-billion-rand expansion plans for Cape Town International and OR Tambo International airports are back on the radar of the Airports Company South Africa (Acsa) after being forced to be put on ice when the Covid pandemic hit in 2020.
Transport Minister Sindisiwe Chikunga confirmed on Tuesday that Acsa has been given the green light for an ambitious R21.7 billion capex plan over the next five years. She was speaking at a broader civil aviation industry briefing, which included announcing Acsa tariff increases for the period.
South Africa’s two busiest aviation hubs, Johannesburg and Cape Town, are expected to get the lion’s share of the planned investments.
Cape Town International’s domestic terminal is set to be overhauled and around R3 billion will be spent on its runway realignment project, while at OR Tambo International the major investment will go into a new R5 billion cargo terminal development. Both these infrastructure developments were on the cards before Covid hit.
“As per the five-year permission [around tariffs] recently granted by the Economic Regulating Committee, Acsa has earmarked R21.7 billion for airport infrastructure development,” said Chikunga.
She noted that the overall capex plans also include upgrades and developments at Gqeberha’s Chief Dawid Stuurman International Airport, George Airport, Durban’s King Shaka International Airport and East London’s King Phalo Airport.
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