TAV wins tender to build Medinah Airport terminal
Published: September 7, 2011
A TAV Airports-led consortium won the tender to build a new terminal at Medinah Airport in Saudi Arabia. The terminal would double the airport’s yearly passenger capacity to 8 million. The consortium also won the right to operate the airport for 25 years. TAV said it achieved the highest technical points at the tender and submitted the best financial offer.
TAV Airports President and CEO Sani Sene said, “Mecca, along with Medinah, is the most significant city of the Islamic world. We are very happy to be in the position to build and operate the gates of entry and exit to such a city.”
The TAV Airports consortium includes Al Rajhi and Saudi Oger. Other bidders were the Quba’s Consortium consisting of Saudi Binladin Group, Aeroports de Paris Management, Bouygues Bâtiment International; the SaudiAirplex Consortium comprising El Seif Engineering Contracting Co., MMM Group Ltd., ADC & HAS Airports Inc. and Emirates NBD Capital/Emirates Financial Services; and the Saudi–Malaysian Consortium including Bakri International Energy Co., Malaysia Airports Holdings Berhad, Almabani General Contractors–Impregilo SpA and Riyad Bank.