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« Dr. Momadou Tangara is New Boss of NAOSU
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Gambia Govt Signs US$10,850,000 for Airport Improvement

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africa » gambia » banjul
Monday, March 31, 2008

A loan agreement was on Friday signed in Banjul between the Republic of The Gambia and Kuwaiti Fund for Arab Economic Development. The Fund will provide a loan of 3,100,000 Kuwaiti Dinars, equivalent to about US$10,850,000, to assist in the financing of the Banjul international Airport Improvement Project (Phase II).

The loan agreement was signed on behalf of the Republic of The Gambia by Honourable Mousa Gibril Bala-Gaye, Secretary of State for Finance and Economic Affairs and by Mr. Hamad S. Al-Omar, Deputy Director-General of the Kuwaiti Fund for Arab Economic Development on behalf of the Fund.

The project aims at satisfying the increase in passenger and cargo traffic at BanjulInternationalAirport, and to further ensure its safety. Aimed at improving the operational standards of the airport, the project consists of rehabilitation and expansion of the existing apron, construction of two new taxiways and a building for fire and ambulance services, rehabilitation of the existing terminal building and the control tower, supply and installation of navigation systems, signs, pavement marking and apron lighting, fire rescue vehicle, in addition to consultancy services for the supervision of construction works.

The total cost of the project is estimated at about 776.66 million Dalasis, equivalent to about 10.1 million Kuwaiti Dinars of which the Fund’s loan covers about 31%. The main co-financing are the Saudi Fund and the OPEC Fund. The project is expected to be completed by mid 2010.

By concluding this agreement, the Fund would have provided to the Republic of The Gambia nine loans totalling about 22.8 million Kuwaiti Dinars, equivalent to about 79.8 million US Dollars, to finance projects in various sectors, in addition to five technical assistance grant and totalling about 770,000 Kuwaiti Dinars, equivalent to about 2.7 million US Dollars.

 

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There are 4 comments - add your comment
bubacarr - Louisville, Kentucky
Monday, March 31, 2008 3:53 PM
This is exactly what I talked about in my article "Compare and contrast the Jawara administration and Jammeh administration". Fellow Gambians, when I was coming to America, I didn't even use Banjul International Airport because there was no direct flight from Banjul to U.S. A whole lot of Gambias had the same problem. We all flew from anther country like Senegal, Ghana and so on to America even though we have the most expensive airport in the sub-region. The airport problem is not standard or beauty. The problem is that the Jammeh administration has a very bad foreign policy. No matter how much money the government spent on Banjul Internation Airport, it will be a waste resources unless we re-intergrate The Gambia back into the international community.
Jammeh should respect the fundamental pillars of democracy: the rule of law, independent judiciary, freedom of expression, most inportantly respect for human right. The fact that he came to power through the barrel and not the ballot makes it harder for him to gain any recognition from the freedom loving nations. Because of these problems I stated above, the Jammeh administration foreign policy is far wost than that of Jawara administration. Hence, spending $10,850,000.00 on an airport that ordinary Gambians rarely use and tuorism is on a rapid decline is another testimony for me to charaterize this government's economic policy as fiscally irresponsible.
Therefore once again, I call upon the fellow citizens of The Gambia that there that fierce urgency of now when it comes to the change in the leadership of this our belove country The Gambia.
moussa
Tuesday, April 01, 2008 3:50 AM
Bubacarr! You are becoming a real pain in the A**. You babble and babble and babble with all but nonsense. Are you hearing youself? What school are you going to? Do you understand simple logic in arguments? Are you not really contradicting and ridiculing yourself? When you were going to America (you said) you didn't use Banjul Airport because there was no direct flight. Did you ask youself why? And did you ask why the new airport is being developed? Is it not to give the airport more capacity to accomodate more flights so that people like you dont need to travel to America through Senegal, Ghana and etc. What are you saying? That the Airport should remain exactly as it was when you travelled to America? Do you mean that Gambia dont deserve a modern International Airport? Do you mean taht Gambians still have ti travel to Dakar and Ghana to get to the US and elsewhere. No. thanks! Jammeh is making Gambia a modern state. You can remain in your dark ages but the rest of Gambia through Jammeh is moving with the new millenium. Your arguement sucks! No doubt you are admired by semi-literates. If you think borrowing big some out of sense english word makes your arguments sound sensible, you have a long way of schooling to go.

By the way, you compare Jammeh and Jawara. Jawara is always attending and supporting Jammeh in all important state matters. Why? Because even Jawara, the man Jammeh ousted from power, knows the qualities, the dedication, the achievements and the steadfastness of Jammeh. Only people like you living in you fantasy world sit in America, behind a key board and babble, babble and babble, saying nonsense. Learn how to argue logically.
omar - England, United Kingdom
Thursday, April 03, 2008 1:42 AM
The Gambia is doing very well under Yaya Jammeh. Education, Healthcare,record number of vistors, road constructions in both rural and urban areas. No shortage of goods, these are good signs of a good economy.
I met a lot of none Gambians who visited the country many times and some have invested there.
It is OK to critise a government, but what are you doing for your country.
Lang - Gambia, Africa
Friday, April 04, 2008 2:22 AM
Thank you you mossa and omar, you hit the nail on the right spot. Don't mind those making noise out of nothing - there is a sying: "empty barrels makes the loudests noice".

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