PROJECT

Projects

Summary of Investment Information

Project Number

36882

Company Name

Ravinala Airports

Date SPI Disclosed

Sep 20, 2016

Country

Madagascar

Region

Africa

Projected Board Date

Nov 25, 2016

Environmental Category

A - Significant

Status

Active

Last Updated Date

Jun 26, 2017

Department

Regional Industry - INF Africa

Industry

Infrastructure

Previous Events

Approved : Dec 6, 2016
Signed : May 29, 2017
Invested : Jun 22, 2017

Sector

Other Support Activities for Transportation (Grain Terminals, Cargo Terminals, Airport Operations)

Additional Project Attributes

Public-Private Partnerships

Project Description

The Project consists in a 28-year concession to expand, rehabilitate, operate and maintain the two largest airports in Madagascar: (i) Ivato Airport – serving Antananarivo, the capital city; and (ii) Fascene Airport – serving the island of Nosy Bé, one of the most popular tourist destinations of the country.

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation