Abu Dhabi’s state-owned airport operator has awarded Trojan Holding the construction of Abu Dhabi international airport Midfield Terminal Building after it cancelled the project first granted to a consortium including Turkish airport operator TAV Inşaat.
UAE-based Arabtec, TAV Insaat and Athens-based Consolidated Contractors Company (CCC) were awarded in 2012 the contract worth $2.94 billion to be completed in 2017.
The group, sources told Reuters, over ran cost of the project – bringing the airport operator to cancel the contract, Daily Sabah reports.
Meanwhile, Arabtec filed for liquidation in January. Abu Dhabi-based Trojan Holding, one of the biggest construction companies in the Gulf country, has been tasked to complete the project.
Abu Dhabi Airports in 2019 said that construction of the new terminal was 97.6% complete, Daily Sabah notes. The 700,000 square meter terminal was supposed to support the growth of state-run carrier Etihad Airways which was seeking to build a major transit hub in the UAE capital.