TAV Construction to build $400m terminal at Riyadh Airport

With this project, the total contract value of the projects TAV Construction has undertaken so far has exceeded $16bn.

Maintaining its position among sector leaders with the airport projects it has developed within Turkey and other countries in the region, TAV Construction has undertaken the design and construction of a new terminal to be built at Riyadh Airport in the capital of Saudi Arabia.

The Saudi Arabian Civil Aviation Authority GACA announced that TAV Construction's offer was chosen for the project and the official notification was received by TAV yesterday.

The King Khaled Airport Terminal-5 project, the third tender TAV Construction has won in Saudi Arabia after the Jeddah Airport Aircraft Maintenance Hangars and Medinah Airport projects, will involve a 100,000 square meter passenger terminal and various auxiliary facilities.

The project also involves a 90,000 square meter and 3,000 vehicle capacity multi-story car park, fire brigade building, operation center, power station, apron, air side infrastructure and the elevated roads and infrastructure work that will join Terminal-5 to the existing terminals.

TAV Group CEO Sani Sener said, "As our construction company progresses to expand in the Middle East it also continues creating opportunities for our airport operations company. We won the construction project of the new terminal building in Riyadh, Saudi Arabia for a contract value of $400m. This is a very important project. Airport privatizations are continuing in Saudi Arabia. This airport is also one of those which will be privatized soon. In the meantime, our investment and operation in Medina is also ongoing. Our $800m hangar construction project at Jeddah Airport also continues. We are now happy to be undertaking an airport construction project in the country's third largest city and capital. The airport construction and operations business depends heavily on technology. We continue proudly representing our country throughout the world."

Having added the Abu Dhabi Airport Midfield Terminal Complex, Medinah Airport and Jeddah Aircraft Maintenance Hangars to its portfolio in 2012 and now winning the Riyadh Terminal-5 project, TAV Construction has now signed over $16bn in contracts in the Middle East and North Africa.

The design of King Khaled Airport Terminal 5 stands out as a project that will be completed at international standards, satisfy user requirements and display suitability to the local culture, as in all TAV Construction projects. Whilst Terminal-5 will enrich the passenger experience at Riyadh Airport with its authentic architectural design, it will also provide integration with existing terminals in terms of architecture and operations.

The ongoing projects that TAV Construction currently in the process of realizing are; New Doha Airport in Qatar, Abu Dhabi Airport Midfield Terminal Complex in UAE, Medinah Airport New Passengers Terminal Building and Jeddah Airport Aircraft Maintenance Hangars in Saudi Arabia, Muscat Airport Runway and Infrastructure Works in Oman, Izmir Adnan Menderes Airport new Domestic Terminal in Turkey and Dubai Marina-101 Skyscraper Construction in UAE.