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Dubai would spend $33 billion on a new airport, report

Huma Gull by Huma Gull
April 8, 2023
in News
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Dubai would spend $33 billion on a new airport, report

According to international rreports, Dubai is thinking of restarting its largest building project, the expansion of Al-Maktoum International airport. Dubai World Central (DWC), an AED120 billion ($33 billion) project, opened in June 2010 for cargo operations and in October 2013 for passengers.

By the year 2050, the airport expects to have reached its goal of becoming the largest airport in the world, serving up to 255 million passengers annually.

The first stage of construction will bring the airport’s annual passenger capacity up to 130 million, and the entire project will take up 56 square kilometres. By 2030, we hope to have finished this stage.

Dubai’s economy will benefit greatly benefit from the project

According to the report, the emirate’s economy, which is not currently generating the same level of construction work as in the past, would benefit greatly from a restart, and sources close to the project have said that talks among officials are ongoing and that potential stakeholders have been advised to prepare for a restart.

The growth prospects have improved as traffic has increased, with 66.1 million people using Dubai International Airport in 2022.

Over 78 million travellers are expected to utilise the airport in Dubai this year, with numbers similar to those seen before the epidemic in 2024.

According to the study, the major contract offered for the Al Maktoum International airport project, the substructure contract for Concourse 1 and the West Terminal building, stopped progress during the Covid-19 pandemic.

Facilities like as people-mover tunnels, luggage handling systems, ground services road networks, and back-of-house technical and support facilities totaling more than 1.7 million square metres are included in the contract.

To read our article about “Google discontinue Dropcam support in an update from 8 April” click here.

Tags: dubai citydubai continentdubai hoteldubai is in which country dubai weatherdubai mapdubai timeemirate of dubai
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