ACSA outlines infrastructure maintenance and capital expansion programme across nine airports
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Background ✨
Airports Company South Africa outlined a ZAR21.7 billion infrastructure expansion programme across its airport network, with financing for the first two years to come from cash reserves and capital markets funding planned from year three. Projects include terminal and runway works at Cape Town International Airport and new passenger and cargo terminals at Johannesburg Oliver R Tambo International Airport, with major completion dates ranging from 2025 to 20291 2 3.