Abu Dhabi anticipates Madrid airport tender

07 Sep 2011

Abu Dhabi Investment Company said that it is anticipating Madrid Barajas airport’s tender, which is expected to increase more than USD5.2 billion, reported Arabian Business.

The company stated that many investment companies will enter the competition for the tender such as Acciona, Grupo Empresarial San Jose, FCC and Ferrovial

Spain launched this tender in order to enhance its budget, which is the fourth in the region after Greece, Ireland and Italy.

It is worth mentioning that this tender is expected to be difficult and demanding in which the competing investment companies are going to start adding up the numbers and difficult financing conditions due to the current economic growth.

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