Dh128 billion investment to make Al Maktoum International global aviation leader
Dubai has approved a new project to build a Dh128 billion passenger terminal at Al Maktoum International Airport.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed the strategic plan of the Dubai Aviation Engineering Projects and approved designs for the new passenger terminal at Al Maktoum International Airport, which will be the largest in the world when fully operational.
Set to be built at a cost of Dh128 billion, the new terminal will ultimately enable the airport to handle a passenger capacity of 260 million annually.
The approval came during Sheikh Mohammed’s visit to the Dubai Aviation Engineering Projects, accompanied by 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.
Sheikh Mohammed said: “Today, we approved the designs for the new passenger terminal at Al Maktoum International Airport, and commencing construction of the building at a cost of Dh128 billion as part of Dubai Aviation Corporation’s strategy
“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.
“As we build an entire city around the airport in Dubai South, demand for housing for a million people will follow. It will host the world’s leading companies in the logistics and air transport sectors,” Sheikh Mohammed added. “We are building a new project for future generations, ensuring continuous and stable development for our children and their children in turn. Dubai will be the world’s airport, its port, its urban hub, and its new global centre.”
Also accompanying Sheikh Mohammed during his visit were Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation City Corporation, President of Dubai Civil Aviation Authority, Chairman and CEO of Emirates Airline and Group; and Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Chairman of the Dubai Executive Office.
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