Saudis plan $2.4bn Medina airport expansion

14 July 2009

Saudi Arabia plans to award a 'build-operate-transfer' contract to expand Prince Muhammad bin Abdul-Aziz International Airport in the city of Medina, at a cost of $2.4bn, the Arabic Al-Eqtisadiah newspaper has reported. The expansion will increase the airport's capacity from 3 million passengers to 12 million passengers per year, the airport's managing director Abdulfattah Atta said. The new terminal is expected to be completed within a period of four years.

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