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A consortium including Arabtec Holding, Turkey's TAV Insaat and Greece-based Consolidated Contractors Co has been named as the preferred bidder for the construction of the new terminal building at Abu Dhabi airport, Bloomberg has reported. The re-development and expansion plan will increase the airport's capacity to more than 40 million passengers a year. The 700,000 sq m building will have piers that can accommodate as many as 65 aircraft at one time, including the wide-body Airbus SAS A380 and Boeing 747-800 planes, Abu Dhabi Airports said. The project is scheduled for completion in 2017.