Feb 04 2008 |
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Massive Airport development continues with projects topping US$68 Billion across region
Dubai's Airport Show to become world's largest as regional growth hits new high
Dubai, UAE, 4 February 2008: Airport development in the Middle East, Africa and South Asia has reached a new high, with projects and expansions across the region now valued at over US$68 billion.
The Gulf countries account for US$43 billion of this growth, with US$21 billion worth of development now under way in the UAE where Dubai's annual airport industry exhibition is set to become the largest in the world in 2008.
The pattern of regional airport expansion, fuelled by strong economic growth and increased passenger traffic, is highlighted in research conducted by Streamline Marketing Group, organisers of the Airport Show which takes place at Airport Expo Dubai from 2-4th June.
The figures highlight a massive phase of airport construction and expansion through the Gulf countries, and in Jordan, Iraq, India, Sri Lanka and across the African continent.
Heading the list at US$10 billion is the new Al Maktoum International Airport at Jebel Ali, UAE - to become the largest airport in the world and handling 120 million passengers annually - followed by the development of Abu Dhabi International Airport at US$6.8 billion and Qatar's US$5.5 billion New Doha International Airport.
Other major developments include Saudi Arabia's King Abdul Aziz , Madinah and Tabuk Airports at a total cost of US$11.3 billion, along with the modernisation of smaller airports in India at US$4 billion, and further projects worth US$3.5 billion and $US2 billion respectively in Libya and Baghdad.
"The Gulf region alone now has airport developments and expansions worth in excess of US$43 billion under way," said Nick Webb, Director of Streamline Marketing Group.
"This is reflected in the continuing growth of the Airport Show, which will be the largest airport construction, operations, technology and services show to be staged anywhere in the world this year."
Webb said exhibition sales are currently up 51 per cent compared with last year, and the 2008 event is expected to feature a record line-up of more than 550 exhibitors taking up more than 17,000 sqm of exhibition space, with 12 national pavilions representing countries including the UK, Germany, France, Singapore, China, Australia and New Zealand.
"The exhibition presents an outstanding opportunity for airport contractors and suppliers, looking to capitalise on the regional airport boom," Webb added.
Now in its 8th year, the Airport Show is held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Chairman of Dubai Airports .
The event will attract a targeted audience of civil aviation departments, government officials, consultants and contractors behind many of the region's airport developments as well as ground handlers, security personnel and airline representatives.
New this year will be a dedicated section for Air Traffic Control, Ground Handling and Aviation Security Middle East, plus the launch of a world class Airport Show Conference.
Important airport developments in the Middle East:
Abu Dhabi International Airport , UAE - US$6.8 billion
Bahrain International Airport - US$815 million
Al Maktoum International Airport (Jebel Ali, UAE) - US$10 billion
Kuwait International Airport - US$2.1 billion
New Doha International Airport (NDIA), Qatar - US$5.5 billion
Saudi Arabia ( King Abdul Aziz , Madinah and Tabuk Airports) - US$11.3 billion
Baghdad International Airport, Iraq - $US$2 billion
Queen Alia International Airport , Jordan - US$600 million
South Asia:
Airports Authority of India's modernisation of smaller airports in India - US$4 billion
Bandaranaike International Airport, Sri Lanka - US$500 million
Multan Airport, Pakistan - US$250 million
Mumbai International Airport (MIAL), India- US$1.5 billion
Delhi International Airport, India - US$1billion
Kolkata & Chennai airport expansions, India - US$1.07 billion
New Islamabad International Airport (NIIA), Pakistan - US$400 million
Gawadar Airport, Pakistan - US$260 million
Africa:
Egypt ( Cairo International Airport and other airports) - US$850 million
Libya (Tripoli International Airport, plus 5 new airports) - US$3.5 billion
Morocco ( Mohammed V International & Benslimane Airports - US$565 million
South Africa (Tambo and Johannesburg International Airports and other regional development) - US$725 million
New Khartoum International Airport, Sudan - US$530 million
Tunisia - (Enfidha and Monastir Airports) - US$532 million
-Ends-
For further press information please contact:
Danielle Fanning / Anya Leonard
Total Communications
Tel: + 971 4 336 9909
Fax: + 971 4 336 9905
Email: danielle@totalcompr.ae / anya@totalcompr.ae
© Press Release 2008
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