India Saudi Arabia’s GMR Group has passed the bid qualification stage for the $800 million new Taif International Airport project in Saudi Arabia. This information was given by Saudi Arabia’s National Center for Privatization and PPP (NCP). Apart from GMR, the list of eligible companies bidding for the Taif International Airport project includes the consortium of Bengaluru International Airport Limited-Temasek, the consortium of Turkey’s TAV Airports-Mada International Holding, the consortium led by Ireland’s DAA International and Kalyon Insat Consortium.
Responsibility of managing the airport will be given for 30 years
This project will be given on the basis of Build, Operate, Handover (BTO) contract under the Public Private Partnership (PPP) model, the duration of which will be 30 years including the construction period. The new Taif International Airport will be equipped with an advanced commercial passenger terminal building, which will be designed in line with the airport’s projected capacity and demand. In addition, it will include support buildings, utility networks, car parking and connecting roads, which will ensure the standard operations of Taif International Airport.
GMR operates Delhi’s Indira Gandhi International Airport.
Let us tell you that GMR Group has been operating the Indira Gandhi International Airport of the country’s capital Delhi for a long time. GMR is not only providing a great experience to the passengers coming to and from the country’s capital Delhi but is also handling the country’s busiest airport very well. Delhi’s Indira Gandhi International Airport has an annual capacity of 10.5 crore passengers, work is underway on a plan to increase it to 12.5 crore by 2030. Only a few airports in the world have names in the list of airports with an annual passenger capacity of more than 10 crore and Delhi Airport is also included in it.
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