The engineering-construction, estimated to last 30 months, should start at the end of 2022 after financial close. The new airport will be able to handle 1 million passengers annually, when it comes into service.
Meridiam is partnering with Aéroport Marseille-Provence (AMP), which will bring its expertise to the project through a technical assistance contract, and a minority equity stake in the project company.
The project, which represents a total investment of more than €220 million, is an emblematic flagship example of a large-scale public-private partnership. It intends to contribute to making the Donsin airport a showcase for the country and a catalyst for economic development. The airport aims also at bringing substantial benefits and to improve the living standards of the local communities:
The project aims at contributing to the United Nation Sustainable Goals, more particularly:
Once in operation, the total economic impact of the new airport is estimated at €420 million. During construction, direct and indirect job creation is expected to amount to close to 5,000. While the jobs directly generated by airport activities should approximately amount to 1,400 employees during the operation.
The airport will be designed and operated to minimise emissions and reduce energy consumption. A captive solar plant equipped with a storage system will be installed to provide 80% of the airport’s electricity requirements.
Alongside Meridiam and Aéroport Marseille-Provence (AMP), the project is supported by various multilateral development and finance institutions. Project partners are committed to upholding anti-corruption, bribery and anti-discrimination values and strengthening the contracting authority’s institutional capacity.
Image source: Enia architectes