TAV bids low for Cairo T3

25 June 2004
Evaluation of bids is under way for the contract to build the third terminal at Cairo international airport. Six international companies and groups are competing for the Cairo Airport Companycontract, which is expected to be awarded in July (MEED 6:2:04).

According to the bid prices, opened in mid-June, Turkey's Tepe Akfen Vie Investment Construction & Operation (TAV)is the low bidder at $347 million for the contract. It is closely followed by a team of Saudi Binladin Groupand the US' Turner International, with a price of $354 million, and a consortium led by France's Bouyguesand including the local Orascom Construction Industries, at $360 million. A total of 12 groups were prequalified to bid for terminal 3, which is due to become operational in February 2007.

The local Arab Contractors (Osman Ahmed Osman & Company)in late March was awarded an estimated £E 55 million-60 million ($8.9 million-9.6 million) contract for enabling works on the project, which will involve construction of a main terminal with a built-up area of 164,000 square metres. Associated landside works include the construction of bridges and flyovers, parking facilities and a new access road connecting to the main airport highway into central Cairo. Two associated projects - for the construction of a new runway and a control tower - are expected to be tendered independently of the main terminal construction package this year. The terminal has been designed to handle 11 million passengers a year and will cater for both international and domestic flights, bringing total annual capacity at the airport up to 20.6 million people.

The project manager on Cairo terminal 3 is Beirut-based Dar al-Handasah (Shair & Partners), which is also overseeing the construction of a new terminal at Sharm el-Sheikh airport. Bids for the main construction package are due to be submitted on 18 July.

Both projects will receive funding from the World Bank, which approved in March a $335 million loan (MEED 5:3:04).

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