uae airport projects entail dh120bn
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE airport projects entail Dh120bn

Arab Today, arab today

Arab Today, arab today UAE airport projects entail Dh120bn

UAE airport
Dubai - WAM

Airport developments and expansion projects underway in the UAE involve Dh120 billion investment as the country gears up to receive increased number of passengers over the few years.

Airports in the UAE handled a combined 101 million passengers, including over 71 million by Dubai International Airport, in 2014, said Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports.

One of the key drivers of passenger traffic growth at the UAE airports is the fast growing tourism industry with Dubai emerging as a sought-after global holiday and business destination. By 2020, when Dubai is hosting the World Expo, inbound tourist traffic is expected to cross 20 million per year from the current 14 million.

Sheikh Ahmed, who is also the Chairman and Chief Executive of Emirates airline and Group and Chairman of Dubai World Central Corporation, said the investments were being made to meet the rising demand of passengers and cargo movements as the UAE emerges as the most-ideal global travel hub.

In a message in the just-released June edition of Via Dubai, the official bilingual newsletter of DCAA, Sheikh Ahmed said the aviation industry in Dubai is on a firm pedestal due to the unbridled airport developments and fleet expansion by Emirates and flydubai.

"Our stakeholders have invested billions of dirhams in the industry in line with the vision of making aviation a major contributor to our Dubai's unrivalled economic success story. The dramatic transformation of our aviation industry is a classic example of how well the industry is managed. In Dubai, we never sit idle, basking in our past achievements. Dubai is working its way to be the global travel hub for the 21st century,” he said.

By 2022, the world's biggest airport will become a reality in the shape of Dubai World Central (DWC), of which Al Maktoum International Airport is a key component. When fully complete, the DWC will handle 220 million passengers. A planned expansion of Al Maktoum International's passenger terminal will boost the airport's capacity to reach a total of 26 million passengers per year by 2017.

The opening of Concourse D at the Dubai International Airport this year is part of the US$7.8 billion expansion programme which is expected to boost the airport's capacity to over 100 million passengers annually by 2020 when Dubai hosts the World Expo, the world's third biggest global event after Olympics and FIFA World Cup, Sheikh Ahmed said.

Aviation's contribution to Dubai's economy will increase to US$88 billion by 2030. To attract foreign investments for the DWC, a corporation has been recently set up.

Mohammed Abdulla Ahli, Director General of DCAA, said for the civil aviation to grow on sound lines, it is vital to have laws that are compatible with the changing times. "Dubai is known globally for business-friendly and growth-oriented policies. To enhance airspace safety and maintain the hard-earned accomplishments, our aviation laws have been recently revised, taking into account several challenges and potential risks. The new law will go a long way in keeping our airspace ‘free and clear' of potential safety hazards.”

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae airport projects entail dh120bn uae airport projects entail dh120bn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae airport projects entail dh120bn uae airport projects entail dh120bn

 



GMT 11:40 2018 Friday ,05 January

Zuckerberg makes 'fixing' Facebook a personal goal

GMT 01:05 2014 Thursday ,13 February

Flora

GMT 21:50 2017 Wednesday ,25 October

Abdullah bin Zayed visits WorldSkills Abu Dhabi 2017

GMT 16:33 2017 Tuesday ,04 July

Hany Ramzy happy for positive reactions

GMT 20:11 2018 Wednesday ,05 December

EU wants INF Treaty 'preserved and fully implemented'

GMT 21:01 2018 Sunday ,25 November

Oil prices plummet amid U.S. drilling rigs down

GMT 13:01 2016 Sunday ,28 August

China's Top 500 Firms Report First Revenue Decline

GMT 04:46 2014 Thursday ,11 December

Taliban suicide blast kills 6 Afghan soldiers in Kabul

GMT 11:10 2018 Wednesday ,17 January

MP Hariri welcomes Sho
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday