Loan No: | 516 | Interest Rate: | 3.0 % |
Beneficiary: | Civil Aviation and Meteorology | Grace Period: | 6 years |
Project Cost: | KD 78.6 million | Maturity: | 25 years |
Amount of Loan: | KD 47.0 million | Repayment: | 39 semi-annual installments |
Date of Board Approval: | 2008-03-30 | First Installment: | 6 years following the first disbursement |
Date of Loan Agreement: | 2008-03-30 | Date of Loan Effectiveness: | 2008-05-28 |
Objectives:
The project aims at upgrading and enhancing air transport services, meeting the increasing demand for air transport of passengers and cargo to and from the Republic of Yemen, and attracting more tourists and investors through upgrading the various facilities of Sana’a international airport.
Description:
The project, which is expected to be completed in the first quarter of 2010, constitutes the second phase of Sana’a international airport development and consists of upgrading the current airport in accordance with ICAO standards in order to enable it to receive all types of aircraft. It includes the construction of a new air field and airport buildings, and the provision of all necessary fixtures and systems for servicing passengers and cargo. The project consists of the following main components:
- Airfield:This includes all structural and electrical works for the runway, the parallel taxiway, the connectors between the old and the new runways and between the new runway and the apron, four exits, 56 various types of aprons, internal service roads and culvert, in addition to providing lighting and other services to the runway and all buildings
- Buildings:This includes the construction of a technical building which incorporates administration, operating units, technical equipment, maintenance workshops and control tower. This component also includes the construction of a fire fighting building, a radar building, a water tank, and electricity and air control stations.
- Fixtures and Equipment:This includes all fixtures and equipment necessary for the airport operations, and for safety and security. It covers navigational aid equipment, approach radars and wire/wireless communication systems, integration systems and microwave, runway lighting and fueling systems.
- Training and Institutional Support:This includes providing the Civil Aviation and Meteorology Authority with all needed equipment, navigational aids, systems and softwares, as well as providing it with institutional support to carry out studies, implement training programs, and develop its technical, financial and management systems.
- Consultancy Services:This includes providing services for the preparation of plans, designs, specifications and contract documents for the project, and assisting the Authority in prequalifying contractors, evaluating tenders, and in the supervision of the project implementation.
Financing:
The Arab Fund’s loan covers about 59.8% of the total project cost. The Yemeni Government will cover the remaining cost of the project and any additional cost that may arise.