Thursday, Sep 28, 2006
BEIRUT (Zawya Dow Jones)--Jordan's EDGO Ventures Ltd. said Thursday it has joined a consortium of regional and European companies bidding on a build-operate-transfer project for the expansion of Amman's Queen Alia International Airport.
EDGO Ventures is the recently launched corporate finance and investment management arm of Jordan's Engineering and Development Group.
EV Managing Director Omar Masri told Zawya Dow Jones EV has partnered with Aeroports de Paris Management, Joannou & Paraskevaides Ltd., J&P-Avax S.A, Abu Dhabi Investment Company and Noor Financial Investment Co.
According to Jordan's Minister of Transport, Saud Nseirat, the BOT project is worth an estimated 300 million Jordanian dinars ($423 million).
Qualification applications closed Sept. 20 and application evaluation ends Saturday.
EV has also signed an agreement with Abdali Development & Investment Company to develop an office tower in Amman's Abdali urban real estate project for $15 million.
-By Nadim Issa, Zawya Dow Jones; +961 1 985757; nadim@zawya.com
(END) Dow Jones Newswires
09-28-06 0526ET
Copyright Zawya Dow Jones Newswires 2006
