Deputy minister for Works, Godfrey Kasekenya told the law makers that construction work will be funded by the bank.
He made the statement in response to a question asked by the Special Seats MP, Santiel Kirumba (CCM), who had wanted to know when the construction of the regional airport would start.
“Shinyanga airport is one of the strategic airports in the lake zone and its construction has been delayed for too long. When shall this work begin?” asked the MP.
In his response, the deputy minister said EIB has disbursed the money for the implementation of the project.
He said the government has amended the no objection contract since there is increased cost unlike when the contract was first signed in 2017.
Almost a decade ago, the European Investment Bank (EIB) agreed to provide €50million in long-term funding to Tanzania to carry out a revamp and expansion of five airports over the next 20 years.
The funding was to support the modernisation of airports in Kigoma, Bukoba, Tabora, Shinyanga and Sumbawanga to meet international safety standards, enable all weather operations and cater to the projected growth in passenger traffic.
Funding from EIB will be used to build all weather asphalt runways at airports, enhance passenger handling, aircraft parking, facilitate better access roads, and provide secure perimeter fencing.