Turkish-led consortium submitted lowest price last year
Saudi Arabia’s General Authority for Civil Aviation (Gaca) is expected to award the contract to build the aircraft maintenance hangars at Jeddah International airport by the end of February.
A consortium led by Turkey’s TAV submitted a low bid of SR4.09bn ($1.1bn) for the contract in November last year. Other members of the consortium include local Al-Rajhi and UAE/Australian Al-Habtoor Leighton Group.
Five commercial offers were opened by Gaca in mid-November. It received eight bids for the deal in July.
The other commercial offers were Cyprus-based Joannou & Paraskevaides at SR5.4bn, Saudi Binladin Group at SR5.35bn, the local Al-Seif Engineering Contracting at SR5.38bn and the local Almabani with Greece’s Aktor at SR5.64bn (MEED 1:12:11).