Pre-World Cup airport facelifts will cost R5bn

ED RICHARDSON THE AIRPORTS Company of South Africa has started on capital expenditure worth R5,2-billion, which will be spent over the next five years ahead of the 2010 Soccer World Cup. According to ACSA managing director Monhla Hlahla, the company has invested R492 million in capital improvements, expansions and replacements, 88% of which was spent at the three international airports – Johannesburg, Cape Town and Durban - during the past financial year. Speaking during the presentation of ACSA’s annual report last week, Hlahla said the remaining R46 million was invested at the Port Elizabeth, East London, George, Bloemfontein, Kimberley and Upington national airports as well as at Pilanesberg International Airport.