BISHOFTU: Ethiopian Airlines on Saturday officially started a $12.5 billion construction project for what officials say will ​be Africa’s biggest airport when completed in 2030 in the Ethiopian town of Bishoftu.

The state-owned airline got the contract to design the four-runway airport in the town located around 45 km (28 miles) southeast of Addis Ababa.

“Bishoftu International Airport will be ‌the largest aviation infrastructure ‌project in Africa’s ‌history,” ⁠Prime ​Minister ‌Abiy Ahmed Ali said on X. The airport will have space to park 270 planes and capacity for 110 million passengers a year.

That is more than four times the capacity of Ethiopia’s current main airport, which ⁠will reach its limits on existing traffic in the ‌next two-to-three years, Abiy said.

The ‍airline’s Infrastructure Development & ‍Planning Director Abraham Tesfaye told reporters it ‍would fund 30 percent and lenders would finance the rest.