New Terminal
A new terminal under construction is expected to increase passenger capacity to 9 million annually in phase one and 12 million annually in phase 2. It will be completed by the end of 2012. The rehabilitation and expansion work is being implemented by Airport International Group (AIG), a Jordanian consortium of companies, which has gathered regional investors and international experts in construction and airport operations to fulfill its mandate as granted by the Hashemite Kingdom of Jordan: to manage and redevelop Jordan’s premier gateway under a 25-year Build-Operate-Transfer (BOT) concession.
The Consortium:
- Invest AD: Invest AD is an experienced investor in the Middle East and Africa, playing a key role in bringing third-party capital to the region, through its funds and co-investment opportunities. The company, established in 1977 and owned by the Abu Dhabi government, has developed a strong business network in the Middle East and globally.
- Noor Financial Investments Co: Noor is a Kuwaiti investment company established as the financial arm of the National Industries Group (NIG). NIG focuses on major infrastructure development / investments.
- Edgo Group: The Edgo Group is a diversified local investor with a portfolio of public and private equity investments in infrastructure and real estate development, energy (Oil & Gas).
- J&P (Overseas) Ltd: A holding company of the privately owned Cypriot construction and investment group Joannou & Paraskevaides. About 40% of its revenues are generated from transport infrastructure projects. It has a significant presence in the Middle East with extensive experience of undertaking construction of airports.
- Aeroports de Paris Management: ADP is one of Europe’s largest airport groups and operates the two Paris airports; Charles de Gaulle and Orly airports. It has been operating and providing services to over 30 airports worldwide with aggregate annual passenger traffic of over 130 million passengers.
- J&P-Avax SA: J&P-Avax is one of the largest construction companies in Greece and has constructed several projects for the 2004 Olympic Games, in addition to being a significant player in the PPP market
Read more about this topic: Queen Alia International Airport
Famous quotes containing the word terminal:
“All sin tends to be addictive, and the terminal point of addiction is what is called damnation.”
—W.H. (Wystan Hugh)