Five groups of international and local companies submitted bids for the contract in early July, with the Holzmann/Al-Hamed team submitting a low bid of AED 1,534 million ($418 million). The 40-month contract calls for the construction of a two-storey building, 11 bays, six remote bays and a 7,000-square-metre shopping area.
The new terminal, to be linked to the existing terminal, will have capacity to handle 4 million passengers a year. The consultant for the terminal package is France's Aeroports de Paris; the client is the Works Department (MEED 11:7:03; 18:4:03).
You might also like...
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
Algeria signs oil deal with Swedish company
19 April 2024
Masdar and Etihad plan pumped hydro project
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.