Posted on :
18 Oct, 2012
18 Oct, 2012
Airports Company South Africa Limited (ACSA) was formed in 1993 as a public company under the Companies Act of 1973, as amended, and the Airports Company Act of 1993, as amended.
Although ACSA is majority owned by the South African Government, through the Department of Transport, the Company is legally and financially autonomous and operates under commercial law.
ACSA has just completed its most ambitious infrastructure capacity development and improvement programme ever, prepared and brilliantly delivered against the world’s and our country’s expectations for a successful 2010 FIFA World Cup.
An important component of this colossal task was to ensure that there was a smooth and hassle-free transfer to new infrastructure, together with its immediate and effective operation.
This, in world airport terms, is undoubtedly the task that has most challenged airports around the world.
In a country that is troubled by chronic unemployment, ACSA is pleased to be contributing to job creation in South Africa, achieved through infrastructure investment and the partnerships that we are developing with the private sector.
As recognised by global consulting firm Mott-MacDonald, the investment by ACSA in infrastructure development has been appropriate, leading to significant socio-economic benefits.
It is estimated that the three major international airports sustain about 300 000 jobs (direct and indirect) and that planned future developments, as a result of passenger and cargo growth, will result in the creation of some 150 000 new jobs over the next 10 years, provided the envisaged infrastructure development plans are realised.
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