Iran plans US$2.8B airport expansion
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Iran plans a US$2.8 billion expansion of Tehran’s main international airport and France’s Bouygues SA (EN) is among companies to express interest, the local consulting company on the proposal said, as reported by Bloomberg.
“The project at hand is for a new terminal with capacity to handle 20 million passengers,” said Mohammad Kiaie, chairman and chief executive officer of Tehran-based Rah Shahr International Group.
A tender could take place as soon as two months from now, he added. Imam Khomeini International Airport currently has capacity for six million air travellers a year. Once the expansion is complete, the existing terminal will be used for domestic flights, Kiaie said.
He said companies from France, China and Malaysia have signalled interest, citing Paris-based Bouygues SA and Aeroports de Paris (ADP)’s ADPI unit.
The new airport terminal is due to be built in five years, though it could take longer depending on whether sanctions are eased, Kiaie said. The project could be split into two phases with the first increasing capacity by 12 million passengers, he said.
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