Vinci to upgrade Cape Verde airports
19 July 2022
French construction group Vinci has signed a 40-year concession to run seven airports in the west African archipelago of Cape Verde.
The contract covers four international airports (the capital city Praia, Sal, São Vicente and Boa Vista) and three domestic airports (São Nicolau, São Filipe and Maio).
Vinci Airports and its Portuguese subsidiary ANA (owning, respectively, 70% and 30% stakes in the concession company) will be responsible for financing, operating, maintaining, extending and upgrading the airports until 2063.
It is the first concession contract signed by Vinci Airports in Africa.
The financial arrangements for the project are expected to be finalised by mid-2023, when the new concession company will begin operating the airports.
Vinci’s plan is to help grow tourism in the islands as well as put in solar and wind power at the airports.
“Our shared vision is to boost the country’s tourism industry through a long-term growth strategy, “ said Nicolas Notebaert, CEO of Vinci Concessions and president of Vinci Airports. “Improving the airports’ links and performance will have a positive impact on the country. Vinci Airports is deeply committed to helping the Cape Verde archipelago realise its full potential over the course of this long-term partnership.”
Related
-
Strabag to build Slovenia’s tallest office building
8 October 2025
-
Qatar’s UCC Holding announces the launch of Damascus International Airport Project
29 September 2025
-
Namibia approves 3 GW of solar for hydrogen production
28 September 2025
-
Iran signs SMR deal with Russia
27 September 2025
-
Chinese contractor signs $2.5bn Iraq pipeline project
26 September 2025
-
Solarvest and Brookfield join forces for 1.5GW Malaysian solar and BES projects
25 September 2025