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
Famous quotes containing the words future and/or expansion:
“We accept and welcome ... as conditions to which we must accommodate ourselves, great inequality of environment; the concentration of business, industrial and commercial, in the hands of a few; and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.”
—Andrew Carnegie (1835–1919)
“The fundamental steps of expansion that will open a person, over time, to the full flowering of his or her individuality are the same for both genders. But men and women are rarely in the same place struggling with the same questions at the same age.”
—Gail Sheehy (20th century)