Airports Company South Africa (Acsa) is gearing up for its biggest infrastructure push in years, committing R21.7 billion over the next 12 months to modernise and expand its airport network.
According to Chief Financial Officer Luzuko Mbotya, about half of that funding, R10 billion, will be raised through long-term infrastructure debt instruments and loans on favourable terms.
The rest will be drawn from Acsa’s own reserves, boosted by stronger operating performance.
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Source:https://www.thesouthafrican.com/news/airports-south-africa-upgrades-acsa-how-much/
