Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed plans for a new passenger terminal at the Al Maktoum International Airport in Dubai South.
The additions will cost AED128 billion ($34.8 billion approximately), and the new airport will be five times larger than Dubai International Airport (DXB) and aims to eventually handle 260 million passengers annually.
After completion, all operations will transfer from Dubai International to Al Maktoum International, a statement from the Office of Sheikh Mohammed bin Rashid Al Maktoum said.
Sheikh Mohammed visited the Dubai Aviation Engineering Projects headquarters along with Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance.
The Dubai Ruler approved the designs for the new passenger terminal as part of Dubai Aviation Corporation’s strategy, and construction will begin.
“Al Maktoum International Airport will enjoy the world’s largest capacity, reaching up to 260 million passengers. It will be five times the size of the current Dubai International Airport, and all operations at Dubai International Airport will be transferred to it in the coming years. The airport will accommodate 400 aircraft gates and feature five parallel runways. New aviation technologies will be employed for the first time in the aviation sector,” Sheikh Mohammed said.
Source: Trade Finance
