Fire engines at the Jomo Kenyatta International Airport on August 7, 2013. FILE
Rebuilding of a section of the Jomo Kenyatta International Airport that was consumed by a fire in August last year is expected to be completed on schedule after the airport manager received Sh1.47 billion in final compensation from insurers.
The payment brings to Sh1.97 billion the money the Kenya Airports Authority (KAA) has received for the condemned international arrivals terminal whose site preparation started in December.
“The full settlement will enable us to restore the facilities at the airport, which is the main gateway into East Africa,” KAA managing director Lucy Mbugua said on day during the cheque presentation by APA Insurance.
Swiss Re, Africa Re, Kenya Re, Zep Re and East Africa Re were secondary insurers. Investigators attributed the fire to an electric fault, leading APA to pay Sh500 million in December.
Last month, the World Bank also approved Sh17.5 billion for reconstruction of the arrivals section. Currently, passengers are using a converted parking building for arrivals.
The money will support the construction of a temporary terminal at Sh2.4 billion and a permanent lounge at Terminal 4, which is under construction. German firm Röder HTS Höcker will construct the 2.5 million passenger terminal , which is expected to be ready by September.
The Government has broken ground on the new terminal that when completed will increase annual capacity to 20 million passengers.
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