Guinea, Africa50 and Group ADP sign Gbessia International Airport deal

The Government of Guinea, Africa50 and Aeroports de Paris (ADP) have signed a 25-year concession agreement to co-develop and finance the upgrade and expansion of Gbessia Conakry International Airport.

The project includes the construction and operation of a new terminal for international and domestic passengers and related infrastructure, including a cargo terminal, aprons, and taxiways. The new terminal will have a capacity of one million passengers a year, about twice its current capacity. Phase 1 of the project, estimated at €120 million, should begin this year. 

Earlier this month a shareholders agreement was signed, under which partners agreed to establish the Societe de Gestion de l’Aeroport de Gbessia (SOGEAG), the new concessionaire. SOGEAG is owned by the Government of Guinea (34%), Africa50 (33%) and ADP (33%).