Iraq invites bidders to build new $2.5bn airport near Karbala, Najaf.

Iraq Air Ways

UAE contractors have been invited to submit bids for rights to construct a US$2.5 billion airport in Iraq, as religious tourism lifts visitor numbers.

The airport will be “strategically located within a 40 kilometre vicinity of the provinces of Karbala, Najaf and Hilla. We chose this location because we are seeing a surge in tourists coming here … and that’s putting a lot of pressure on the airports of Baghdad and Najaf,” said Nasser Hussein, the director general of Iraq’s civil aviation authority in Baghdad.

Contractors being considered included heavyweights from the United States, Germany, Italy, Turkey and the UAE, said Mr Hussein, but he declined to name the companies that had been shortlisted.The UAE’s Arabtec Holding, currently working with Tav on Abu Dhabi’s Midfield Terminal, is understood to be among the companies that are planning to bid for the contract.

[tbpspa]

“It can be a winning ticket if Arabtec teams up with an experienced contractor in airports such as Tav,” said Fathi Ben Grira, the chief executive at Menacorp in Abu Dhabi. “You’d have the general experience of Arabtec, backed by the financial strength of Abu Dhabi plus the specific track record of Tav in building airports. Separately, Tav would have an upper hand given the strong commercial trade ties between Iraq and Turkey.”

Turkey’s bilateral trade volume with Iraq was $12bn in 2011, making it Iraq’s biggest trading partner.The new airport is expected to manage 20 million passengers a year, making it the country’s biggest and serving as a hub for the country’s expanding national fleet.

Iraqi Airways has ordered eight aircraft from Airbus and 39 others from Boeing amid plans to own and operate 65 planes by 2016, triple the current figure.

Via: The National 

No.of Reads (288)

WCK

A light Year Ahead News Source.