Ajman airport project to bolster UAE-Spanish economic cooperation
Ajman airport project to bolster UAE-Spanish economic cooperation |
The USD3.3 billion aviation project will be carried out by a consortium of four Spanish companies. "The project will further boost economic relations between investors in the UAE and Spain," the ruler said. The project was announced earlier in Dec-07. Ajman is one of the seven emirates comprising the UAE and is located almost 30 km from Dubai. Construction of the international airport is set to commence in the second half 2008 in the Al Manama area of the emirate and to start operations by 2011. Spread over an area of six million square meters of, the Ajman airport project will be completed in two phases. The first phase will comprise the main arrival and departure terminal buildings, runway, cargo complex, aviation school, aircraft maintenance workshop, free zone and commercial area of 90 towers. The Ajman airport is projected to achieve more than 1 million passengers in the first three years. Driven largely by low cost carriers and cargo operations in the initial phase, the new airport expects to achieve significant international passenger traffic in 5 years. |
