Bank of China and African Development Bank reviewing financing for Bishoftu Airport
Project estimated at $5–6 billion total investment cost
Planned capacity: 60–100 million passengers per year (long-term)
Initial phase targets tens of millions passenger capacity
Airport to complement Addis Ababa Bole International Airport capacity limits
Designed to handle large-scale cargo volumes for export logistics
Financing structure under discussion includes multi-lender participation
Why it matters?
A $5–6B airport with up to 100M passenger capacity would significantly expand Ethiopia’s aviation and cargo logistics capacity, supporting trade and forex growth.