The construction project of the new N’djili airport in Kinshasa, in the Democratic Republic of Congo (DRC), is the subject of a massive investment of 1.2 billion dollars from the company Milvest, a subsidiary of Miller Holding. This announcement was made by Turhan Mildon, CEO of the Turkish company, during a press conference held in Kinshasa on September 14, 2023.
Milvest is currently in discussions with the authorities and institutions responsible for managing N’djili international airport in order to harmonize all aspects before the start of work. Once completed, the new airport will be one of the most modern and attractive in Africa, according to Mildon.
The model chosen for this project is that of the public-private partnership “Build-Operate-Transfer” (BOT), which allows a private entity to finance, design, construct, own and operate an infrastructure for a given period. Under this 29-year concession contract, Milvest will recover its investment, operation and maintenance expenses.
Milvest aspires to be a leader in each sector in which it chooses to invest, thus contributing to the development of the DRC by carrying out modern infrastructure and beneficial investments for the modernization of the country. In addition to the airport project, Milvest also plans to continue its investments in the DRC, notably in the construction of the ARENA complex, as well as the modernization of the Kinshasa International Fair (FIKIN).
Furthermore, the company is preparing to soon inaugurate the Kinshasa Financial Center and the Congress Hall, scheduled for December 2, 2023.
This investment by Milvest in the new N’djili airport demonstrates the development potential of the DRC and strengthens its attractiveness in terms of infrastructure and investments. The completion of this major project will help stimulate the economy, facilitate international trade and strengthen the DRC’s position as a central hub in Africa. This is an important step in the modernization of the country and in realizing its economic potential.