DILI, 09 february 2024 (TATOLI) – The Government of Timor-Leste, in collaboration with the International Finance Corporation (IFC) and the World Bank, will revise the Extension Project of the President Nicolau Lobato International Airport, revealed Minister of Planning and Strategic Investment, Gastão Francisco de Sousa.
In a meeting with Prime Minister, Kay Rala Xanana Gusmão, Minister Gastão said that IFC and World Bank will help the government with the project revision: “Our discussions centered on design revisions, costs, etc.”
Under this project, a new passenger building with upgraded equipment will be constructed to replace the existing building at Presidente Nicolau Lobato International Airport, the gateway to the capital city of Dili.
The project aims to enhance the convenience and safety of the airport and to respond to the future growth of air traffic demand, thereby contributing to the sustainable socio-economic growth of the country.
By working toward these aims, this project will also contribute to the achievement of SDGs (Sustainable Development Goals) Goals 8 (Decent work and economic growth), and 9 (Industry, innovation, and infrastructure).
In february 2023, the Japan International Cooperation Agency (JICA) signed a grant agreement with the VIII Constitutional Government to provide grant aid of up to 4,901 million yen for the Project for the Improvement Airport.
In december 2022, Australia and Timor-Leste signed a financial agreement worth US$73.36 million for the improvement of the airport.
Journalist: Camilio de Sousa
Editor: Filomeno Martins