Future Expansion
The future expansion of the airport reached financial close on 15 November 2007. AIG is investing a $750M on new terminal and additional $100for the rehabilitation of existing terminals. The project is BOT basis transaction involving a 25 year contract for Rehabilitation, Expansion and Operation Agreement (“REOA” or “Concession” Agreement). Under the terms of the REOA with the Government, the Investor (AIG)is responsible for the rehabilitation of the existing terminal, development of a new terminal designed by internationally renowned Foster + Partners.
The airport expansion plan was part of a drive to position Jordan as a niche hub and once it is completed, Queen Alia International Airport should be able to handle 9 million in the first phase and 12 million passengers in the second phase, nearly three times as many as its current capacity.
The current landscape at the airport is rapidly transforming with various construction and rehabilitation works already completed. The new terminal, 92% complete in October 2012, is visibly taking shape and visitors to the airport can now see the new terminal emerging amidst QAIA's existing twin-terminal facilities. Installation of the sculptured domed roof sections is also mostly completed, giving the new terminal its distinctive architectural form. The new iconic terminal – inspired by Bedouin tents- is designed by renowned architect Sir Norman Foster. It is composed of 127 concrete domes, each weighing up to 600 tonnes.
Read more about this topic: Queen Alia International Airport
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