DRC: ADF grants 137 million USD to modernize aviation sector
1 October 2010
On Monday, 27 September 2010, the African Development Fund (ADF) approved a grant of 137.43 million dollars to the Democratic Republic of the Congo to finance a priority aviation safety project.
It comprises the renovation of infrastructures and the modernization of navigational aids at the airports of Kinshasa, Lubumbashi and Kisangani.
The project will contribute to a reduction in the number of accidents, the costs of maintaining the infrastructures and equipment and operating costs for airlines, reports the site Réussir Business.
The ADF explains, also, that the project will bring about an increase in the revenues generated by aviation and non-aviation activities because of the increase in traffic passing through the airports concerned. An announcement made the day after the speech by the president of the International Civil Aviation Organization, Roberto Kobeh Gonzalez, at a press conference: "air transport is crucial for our global society. (…)It is an economic lifebelt for many developing countries".