An overseas development assistance loan of friendship and cooperation, between the National Airport Corporation and Japanese Government valued at K634 million, has been signed for the upgrade of the airport.
Actual ground works will commence in the first quarter of 2020.
The Nadzab airport in Lae will be upgraded under the CADIP project that will make it suitable for Boeing 767 aircrafts and a Code E alternate to Jackson’s International Airport.
The NAC general manager of the airport infrastructure division, Gebo Henao, said: “We have the widening and strengthening of the existing runway, taxiways and apron.
“Construction of new taxiway and apron, improvement of aeronautical ground lights, construction of a new passenger terminal building, administration building and associated buildings for utilities. Renovation of the existing passenger terminal to transform into a cargo facility, renovation of the existing control tower and the construction of the new carpark and land site facilities.”
The Japanese government, contractor Dai Nippon Nippo JV and National Airports Corporation on Friday signed the contract agreement.
Civil Aviation Minister, Lekwa Gure, said: “This high impact project, valued at a total of K629 million, is being jointly funded by the Japanese government through a JICA overseas development assistance loan which amounts to 21.942 million yen and PNG Government counterpart funding of K114 million.”
This project will improve the transport sector for the country, being in a very strategic location connecting all regions.
The Port Moresby Sewerage upgrade project was the first in the country completed by Dai Nippon Nippo JV, among seven others.