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Saturday, 18 August 2012 - South Sudan says China to help build new airport in Juba |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Video Reuters TV Reuters News Article Comments (0) Pictures Editor's choice Our best photos from the last 24 hours.  Slideshow  Follow Reuters Facebook Twitter RSS YouTube Read Russia's female punk band protesters jailed for two years | 4:22pm EDT Facebook shares drop 4 percent, hit another low 12:45pm EDT Mine "bloodbath" shocks post-apartheid South Africa | 4:35pm EDT Air France asks passengers for refuel cash at Damascus stop 8:27am EDT Jobless rates rise in NY, NJ and Connecticut in July 16 Aug 2012 Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Pussy Riot supporters Worldwide demonstrations in support of the Russian punk band.  Slideshow  Western wildfires Firefighters work to control wildfires across 10 drought-parched western states.  Slideshow  South Sudan says China to help build new airport in Juba Tweet Share this Email Print Related News South Sudan says oil pipeline via Kenya to cost $3 billion Fri, Aug 10 2012 South Sudan to survive without oil exports: deputy finance minister Fri, Aug 10 2012 Sudan, South Sudan reach oil deal, will hold border talks Sat, Aug 4 2012 Clinton urges South Sudan, Sudan to settle oil dispute Fri, Aug 3 2012 San Antonio airport terminals reopened after bomb threat Wed, Aug 1 2012 Analysis & Opinion The U.S. needs to walk the walk on African security South African equities hit record highs, doomsayers left waiting Related Topics World » China » By Mading Ngor JUBA | Fri Aug 17, 2012 4:17pm EDT JUBA (Reuters) - South Sudan said on Friday China would help build a new airport in the capital Juba, completing a project that has highlighted the government's struggle to execute infrastructure projects. South Sudan has been trying to build up efficient state institutions and start development despite netting in billions of dollars in oil revenues since a 2005 peace agreement with Sudan. The government had planned to have a new airport terminal ready for independence celebrations in July 2011 but works have been hampered for years by funding problems and poor planning. China will give a $158 million loan and help complete the airport project, Information Minister Barnaba Marial Benjamin told reporters after a cabinet meeting. "It will include extensions, it will include the car parks, it will include the lighting system. It will include the ability for the airport to be functioning for 24 hours," he said. The current passenger terminal was built by Sudan to serve what was then thin traffic between Khartoum and the poor south. It consists of two small halls where airlines check in passengers without computers or proper baggage weight checks. Security checks are minimal because of the frequent power outages. Luggage from arriving passengers is loaded on a long bench in the absence of a luggage carousel. Some 22 airlines serve Juba International Airport, mostly from African neighbors such as Kenya, Uganda and Ethiopia. Barnaba said South Sudan would pay an annual interest of 2 percent for the loan which would have to be paid back after 20 years. He also said the cabinet launched plans to set up a national carrier with the help of private investors. "It's been proposed to have shares of about 20 percent which will belong to the government, 31 percent will go to the indigenous private sector and 49 percent will go to international investors," Barnaba said. He gave no timeframe for the airport or airline project. South Sudan is one of the least developed countries in the world after decades of civil war with Sudan. In January it shut down its oil production which contributed to 98 percent of state revenues in a row with Khartoum over pipelines fees. Both countries agreed this month to end the dispute but the deal has yet to be implemented. China used to be the biggest buyer of South Sudanese oil until the shutdown. (Writing by Ulf Laessing; Editing by Alison Williams) World China Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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