Multiple airport projects are aiming at boosting region’s capacity
A swathe of ambitious expansion projects are planned across the Middle East, totalling $119billion. Investments in excess of $7.7billion are included in Dubai Airports’ recently unveiled 2020 strategy plan, boosting capacity to more than 90 million passengers a year. Abu Dhabi Airports Company plans investments worth $6.7billion, raising capacity to 40 million passengers a year by 2016. In addition, Saudi Arabia has signed a $27.3billion deal for a new airport project.
Other expansion projects worth hundreds of millions of dollars include those in Fujairah ($443.5million), Sharjah ($136million), two airports in Oman ($3.3million), Kuwait ($46.8million) and Qatar ($1billion).
[pictured: Interior of Dubai International Airport]