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FINANCIAL NEWS
Riyadh Airport scheduled for expansion in November: GACA
02 May 2012
(MENAFN) Saudi General Authority for Civil Aviation (GACA) said expansion works on Riyadh Airport will begin in November, scheduled to be completed by 2015, Reuters reported.
GACA spokesman Khalid al-Khaibary explained that the project will include the construction of a new terminal, terminal five, which will start within six months and is expected to be complete by November 2013 and an expansion and upgrade of existing terminals three and four.
Saudi Arabia is aims to cover the rising demand at its 27 airports including Riyadh Airport, with major expansion projects.
The spokesperson said that GACA has issued a request-for-proposals for the design and project management packages on terminals three and four, with proposals expected by mid June.
Construction on those terminals is expected to start next year and be completed by the end of 2015, he added.
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