Project Description

The Regional Airports Reconstruction Program (PRAS) is a development project involving 13 local airports. The primary objective is to enhance essential airport infrastructure, which includes the construction of new runways, taxiways, parking areas, control towers, terminal buildings, SSLI hangars, and ground handling services.

Project Information

Project Promoter: Blaise Diagne International Airport (AIBD)

Sector: Aviation

Subsector: Airport Infrastructure Development

Country of Deal: Senegal

Market Opportunity 

By modernizing Blaise Diagne International Airport and 13 regional airports with cutting-edge navigation systems, this infrastructure project will position Senegal as a strategic aviation hub for West Africa. The upgrade will boost economic opportunities through increased passenger and cargo traffic, growth in revenue for airlines and airport operators as well as expanded commercial activities for all stakeholders.

Investment Opportunity

The investment deal size is $50 million (USD) which involves renovating runways, constructing terminals, and developing commercial areas.

Financial Performance

Latest annual revenue size (USS): >1 million     |     Profitability (Le., EBITDA +ve or -ve): N/A

Financing Overview

Fundraising Amount (US$): 50,000,000

Deal type: Investment

Financing Type: Public Private Partnership

Available investor material: Feasibility study and Pitch deck

 

For more information about this project, please contact CITD-Miami: info@citdmiami.org