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July 9, 2010

New Jeddah Airport tender by year end

Filed under: Airports — aerotowfeeq @ 9:48 pm
Tags: ,

Jeddah Saudi Arabia may award contracts to build a new terminal at Jeddah’s airport by the end of the year, according to Abdullah Al Ruaimi, president of the General Authority of Civil Aviation.

A committee of ministry officials will make the decision, Al Ruaimi said yesterday. The authority plans to spend between $10 billion and $20 billion to develop and upgrade airports by 2020, with private investors set to contribute up to $10 billion, Ruhaimi said in November.


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