Sunday, January 4, 2026

Ethiopian Airlines signs $6 billion deal with DAR to construct Africa’s largest mega airport

By Eyasu Zekarias, Photo by Anteneh Aklilu

Ethiopian Airlines has entered into a monumental $6 billion agreement with DAR, a global consulting company, to design and construct the largest airline hub in Africa. The new mega airport will be situated near Bishoftu, Oromia, covering an expansive area of 35 square kilometers and featuring a terminal capable of accommodating more than 270 aircraft.

The partnership was officially announced on August 9, 2024, during a signing ceremony held at the Sky Light Hotel in Addis Ababa. The agreement was inked by Mesfin Tasew, CEO of Ethiopian Airlines Group, and Tariq Naji Al-Qani, Director of Operations at Dar Al-Handasah, a Dubai-based consulting firm.

Mesfin Tasew expressed his enthusiasm for the project, stating, “We are thrilled to have signed this agreement with DAR to develop a new mega airport at Bishoftu Abu Sera. This is a significant milestone for Ethiopian Airlines as we continue to expand our operations and cement our position as a leading airline in Africa.”

The ambitious project will be completed in two phases, with the first phase alone requiring an estimated $6 billion. The first phase is set to include the construction of airport facilities with a capacity to handle 60 million passengers annually. Upon completion of the second phase, the airport’s capacity will expand to accommodate over 100 million passengers per year, solidifying its status as the largest airport on the continent.

The construction is expected to take five years, with the initial year dedicated to finalizing the detailed design and selecting contractors. DAR, known for its extensive experience in airport construction around the world, will oversee the entire process, from design to completion.

“This agreement also includes supervision of the construction work from start to finish,” Mesfin added, emphasizing the significance of DAR’s role in ensuring the successful execution of the project.

The new mega airport is poised to become a pivotal hub for African and international air travel, enhancing Ethiopia’s position as a key player in the global aviation industry.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

EIH launches confidential reporting platform to tackle corruption across public enterprises

Ethiopian Investment Holdings (EIH), one of Africa's largest sovereign...

REQUEST FOR PROPOSALS FOR

Rehabilitation and upgrading of schools’ WASH and Menstrual Health...

Bid No. HB/013/2025

Call for Local and International Tender Hibret Bank would like...

Bid No. HB/017/2025

Call for Local and International Tender Hibret Bank would like...

REQUEST FOR PROPOSAL FOR EXTERNAL AUDIT SERVICE

Cooperazione Internazionale (COOPI) is an international NGO founded in...

NBE Tightens Reserves, Scraps Minimum Savings Rate to Curb Inflation Surge

Ethiopia’s central bank has tightened monetary policy again, raising...
spot_img

Related Articles

Popular Categories

spot_imgspot_img