According to the bid opening prices, a team of South Korea’s Daewoo Engineering & Constructionwith the local Tamas has submitted a low bid of about AED 390 million ($106 million). It is followed by the local/South African venture of Al-Jaber Transport & General Contracting Establishment and Grinaker-LTAat AED 399 million ($108 million).

Five companies priced the 30-month contract, which covers the construction of a 4,100-metre runway, parallel and link taxiways, navigational aids and associated works. The consultant for the runway package is the UK’s Halcrow.

The ADIA expansion project covers the construction of a new terminal building and a second runway. For the terminal package, Philipp Holzmann Abu Dhabiwith the local Al-Hamed Development & Constructionhas submitted a low bid of AED 1,534 million ($418 million).

The contract involves the construction of a two-storey building with 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.