A consortium led by German construction company Hochtief has won a $1.4bn contract to upgrade and expand King Khaled International Airport in Riyadh, the capital of Saudi Arabia.
The contract was awarded by the Saudi General Authority of Civil Aviation (GACA).
Hochtief will act as the technical and commercial lead of the Riyadh Airport Expansion. It will work with Indian contractor Shapoorij Pallonji Mideast and Saudi civil engineer Nahdat Al Emaar to redesign, upgrade and expand terminals 3 and 4, and demolish and refurbish other parts of the airport’s infrastructure.
The joint venture will also build terminal lounges and operation buildings and install baggage handling and security systems, as well as installing IT, fire protection and communication equipment.
Marcelino Fernández Verdes, Hochtief’s chief executive, said: "We are delighted to have won this major contract.
"It reinforces our position as an important infrastructure construction group and shows that our international expertise and the know-how of our engineers in the area of complex, large-scale projects are greatly appreciated by our clients."
The development is the first part of an extensive $4.4bn programme by GACA to expand the airport´s facilities.
Construction on the project has begun and is due to be completed in May 2019.
A Hochtief consortium recently won a $1.8bn contract to build a road bridge in Montreal.
Image: King Khaled International Airport in Riyadh (Kurush Pawar/Wikimedia Commons)