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FINANCIAL NEWS
Jordan’s QIA new terminal open for business in March
12 Feb 2013
(MENAFN) Kjeld Binger, CEO of Airport International Group (AIG), which is working on Jordan’s new Queen Alia International Airport terminal, said the terminal will be opened for passengers on March 21, Arabian Business reported.
He also said that the new facility will increase annual capacity almost threefold to 9 million from 3.5 previously.
He added that the planned phase 2 expansion will take the figure to 12 million.
“The quality and modernity of this new airport infrastructure is critical for attracting businesses and tourists to the kingdom,” Binger said.
The AIG consortium, led by Abu Dhabi-owned Invest AD, which has a 38 percent stake in the project along with Kuwait’s Noor Financial Investment Company, which has a 24 percent share, was awarded a 25-year build-operate-transfer concession by the Jordanian government in 2007.
AIG’s total investment at the airport is USD850 million, while the new terminal alone has cost USD750 million.
Jordan aims to increase tourism revenue to USD5.9 billion annually by 2015 from USD3.47 billion last year.
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