The Bishoftu Abusera International Airport project is under construction at a cost of 12.5 billion dollars. The first phase is scheduled for completion by 2030. The project aims to create jobs and increase foreign currency earnings.
During construction the project employs thousands of engineers and workers. Once operational it will create permanent jobs in airlines, hotels and logistics sectors.
The first phase is due for completion by 2030 with capacity for 60 million passengers a year. Full completion will raise annual capacity to 110 million passengers. Land preparation has received 610 million dollars in funding.
The airport will include modern hotels, shopping centers and cargo complexes. It is expected to connect to Addis Ababa via expressway and high-speed rail. The project is intended to boost foreign currency earnings and support growth of industrial parks.