The Government of Rwanda and Qatar Airways today concluded an investment partnership for Rwanda’s new international airport. The partnership features three agreements to build, own, and operate the state-of-the-art facility.

Qatar Airways has agreed to take a 60% stake in the project, which as a whole is valued at around $1.3 billion.

The new airport will accommodate seven million passengers per year, during the first phase, and will be completed and operational by 2022. Passenger capacity is set to increase in subsequent phases of the airport expansion.

The agreements signed today mark a key milestone in the development of Rwanda’s vibrant aviation sector, in the context of the excellent bilateral relationship between Qatar and Rwanda.