At the 8th Airport Expansion Summit, civil aviations and transport authorities, investors, airport owners, airlines and air traffic experts will go in discussion with consultant, architects, construction companies, equipment providers, technology vendors and service groups, and explore Africa`s airport market and its multiple opportunities.
Air transportation has become essential to overcome vast and challenging territories like the African continent`s, and is expected to grow in passenger numbers by 4.7 per cent per year to reach 294 million by 2034. Although it currently only means a bit more the 2 % of the global market.
The rise of the economic development in African regions, having six out of the ten fastest growing economies in the world- namely Ghana, Ethiopia, Cote d’Ivoire, Djibouti, Senegal and Tanzania-, boosts the movement of individuals to the continent, whether for tourism or for investment purposes. Consequently, more than nearly a hundred airport projects are expected to be developed in the future years all over the continent to satisfy this transportation need.
Catrin Drawer, Head of Business Development in Africa, Indian Ocean, Iraq and Jordan, will share her experience and views at this event in a speech: Growth drivers for regional airports: realizing the full investment potential of emerging markets