The first 10-year contract is to equip and operate the existing cargo terminal at King Hussain International Airport (KHIA). Eight consortia were originally prequalified for the contract. For the second project, the successful bidder will form a joint venture with ADC to develop, operate and manage the existing logistics park. Eight groups were also prequalified for this contract. Both projects will target increased freight requirements in the region, particularly from the reconstruction programme in Iraq.
The two schemes are in keeping with ADC’s strategy to attract private sector involvement in the zone. In late September, ADC signed memoranda of understanding with Kuwaiti-Jordanian Holding Company (KJHC)
to establish a joint venture utility company and Kuwait-based Global Investment House
to establish an integrated business park over an area of about 150,000 square metres (MEED 7:10:05).