ACSA to invest R7.7bn in South African airports
Cape Town International Airport is set for an overhaul with the upgrading of its domestic and international terminals planned for the airport, along with the realignment of its runway, forming the bulk of Airports Company South Africa’s R7.7-billion expansion plans.
Airports Company South Africa (ACSA) spokesperson Collin Naidoo said the developments are part of ACSA’s new operating model, aimed at re-energising its business to keep improving SA’s airports. The expansion is set to be completed over the next three years.
ACSA facilitates in excess of 38-million passengers through South Africa’s nine airports and with the 21-year-old company run by the Department of Transport, “ACSA is one of the better performing parastatals” said Naidoo.
Asked about the proposed expansions at Lanseria, SA’s only privately owned international airport, Naidoo said ACSA did not see it as a threat but rather a sign of good growth for the country.
ACSA manages Mumbai International Airport which sees over 28m passengers annually. ACSA currently also runs Brazil’s airport in Sao Paulo and manages the airports falling under Ghana Airports. Naidoo said ACSA’s “airlines to airport, business to business and city to city way of doing business” keeps the company accountable to its stakeholders, including government and “saves it from relying on handouts.”