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FINANCIAL NEWS
UAE’s Al Jaber wins USD490m Saudi airport expansion project
05 Jan 2015
(MENAFN) The Saudi unit of Abu Dhabi-based Al Jaber Group announced that it has been awarded a USD490 million contract to develop the Abha Airport in the kingdom, Arabian Business reported.
The company said that the work on the airport development project, which will take 36 month as its construction period, will include a number of things including a new passenger terminal that will accommodate 5 million passengers annually.
The project also includes 20 passenger boarding bridges, an apron for planes to park and parallel corridors to accommodate 26 planes simultaneously, as well as car parking buildings that can accommodate 2.800 cars.
“Al Jaber Group KSA branch is witnessing substantial growth since we started our operations in Riyadh last year. We were able to compete and win sizable projects mainly the Abha Airport development project. These wins reflect the ongoing success of Al Jaber Group and our ability to deliver best-in-class services,” chairman of Al Jaber Group said.
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