Indian cos in fray for Madinah airport project

Dubai: Indian companies are among the contenders for a multi-billion dollar project for expansion of the Prince Muhammad bin Abdulaziz International Airport in Madinah, which has seen active interest from as many as eight multinational consortiums.
The companies bidding for the contract include multinationals from the US, Canada, France, Spain, Malaysia, India, Korea and Turkey, in addition to Arab companies from the UAE and Lebanon, a newspaper report said.
The expansion project will increase the airport’s capacity to 25 million passengers annually.
According to the Arab News report, the General Authority of Civil Aviation (GACA) has organised a meeting with the eight consortiums that have been prequalified to submit competitive bids to develop, finance and operate the airport under a long-term public-private sector partnership.
05/10/10 Business Line

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Categories: airports Oct 2010, Foreign Oct 2010, New Oct 2010