Bangladesh's Cabinet Committee on Economic Affairs approved plans for a new international airport near Dhaka, to be completed in 2013 (Daily Star/Reuters, 29-Aug-2010). The USD7.2 billion Sheikh Mujibur Rahman Airport (based on a pre-feasibility study by the Ministry of Civil Aviation and Tourism) will have two runways with provision for a third and will be connected to the capital by an elevated expressway and a monorail. The exact location of the international airport will be selected from three possible sites within 50km of Dhaka. Dhaka's existing Hazrat Shahjalal International Airport, opened in 1980, has only one runway and could not be expanded due a lack of land.
Bangladesh approves USD7.2bn airport project
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As a result of the restoration of diplomatic relations between Cuba and the United States of America the US President Barack Obama visited Cuba in Mar-2016. In his speeches he placed heavy emphasis on youth, generational shift and the future (the main protagonist of the old guard, Fidel Castro, rejected Obama's visit and his words of reconciliation). This has whetted the appetite of airlines, airport operators, ATM providers and investors seeking opportunities there.
Indeed, and even though Cuba has long been receiving flights from many countries if not from the US (where only ‘special circumstances’ applied), it is possible to bracket these events with other similar outcomes in countries such as Iran and Myanmar. Suddenly, Cuba is ‘open for business’ in the eyes of the western world, but that might not quite be the case. There is a long way ahead and there is a lot to be done, with no guarantees.
This report, while dealing briefly with wider aviation and, indeed, economic issues arising out of the rapprochement, focuses on the country’s leading airport, Havana’s Jose Marti International - and how it stands to gain from these developments; particularly if it could become a regional hub.