A group including Arabtec Holding Co. (ARTC), TAV Insaat and Consolidated Contractors Co. is the preferred bidder for the construction of the new terminal building at Abu Dhabi airport.
“Abu Dhabi Airports Co. is currently in discussions with the preferred bidder to finalize all details of the contract prior to its signing, and before officially announcing the winning contractor of the midfield terminal building at the capital’s airport in June this year,” according to an e-mailed statement from Abu Dhabi Airports today.
Abu Dhabi is expanding the international airport to meet the growth of Etihad Airways, among the fastest-growing Middle Eastern carriers. The airline ordered 100 jets at the 2008 Farnborough Air Show and is on the acquisitions trail, with stakes in Air Berlin Plc, Air Seychelles Ltd. and Aer Lingus. (AERL) The United Arab Emirates’ capital city and holder of about seven percent of the world’s proven oil reserves plans to spend $500 billion on industry, tourism and culture through 2030 to reduce its reliance on hydrocarbons.
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