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Oman Airports signs MoU to develop Kilimanjaro Airport – future potential public-private operation

Analysis

Several years ago it seemed as if the Oman Airports Management Company (OAMC) was on course, at one and the same time, to welcome inward investment from outside the country and to invest selectively in airports outside it. A previous concession agreement for the Muscat and Salalah airports had been in place for two years to 2004, but then fell through.

The pandemic put paid to both sets of activities, but now OAMC has signed an MoU to develop Kilimanjaro International Airport in Tanzania, one which serves as a gateway to a multitude of world standard tourist attractions, in a country that is replete with mineral resources.

However, as this agreement develops it will focus attention on East Africa and the opportunities that potentially lie there for investors.

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