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Airports set for $7.7bn expansion
September 2002 469
The Middle East's tourism industry will get a major boost as over Dh28.55 billion ($7.77 billion) will be invested in building, developing and upgrading new airports over the next few years, according to reports from the region's civil aviation authorities.
This includes a Dh11.98 billion investment in expansion of three UAE airports: Dubai, Abu Dhabi and Fujairah.
Together with Doha International Airport's Dh3.67 billion expansion, Kuwait's new Airspace System that will cost Dh1.06 billion, Muscat's Seeb International Airport's new Dh551 million terminal, and Jeddah King Abdulaziz International Airport's Dh2.75 billion facelift and new terminal project, the total investment in civil aviation facilities in the GCC will rise to Dh20 billion, the report said.
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