Investment planned for Dubai airports

03/06/2011 - Dubai Investment News Posted by Bob Brunskill
Investment planned for Dubai airports

A massive Dh22 billion is to be invested in expanding the Dubai and Al Maktoum airports by 2020, it has been announced.Speaking at the conclusion of the 11th edition of the Airport Show 2011, Khalifa Al Zaffin, executive chairman of Dubai World Central, said that the plans will increase the capacity of the Dubai Airport to 90 million passengers annually.This will be a significant improvement on the 60 million passengers that the airport is able to handle at present, the Khaleej Times reported.Mr Zaffin also mentioned that Dh4 billion will be invested in the development of the aviation city and the residential city at Al Maktoum Airport at Dubai World Central.Mohamed Ahmed Abed, director general of King Abdulaziz International Airport, and general supervisor of the new airport project, said: "Our participation at the Airport Show 2011 as a sponsor provided great business opportunities."This year's Airport Show witnessed participants from across the world and this indicates the establishment of this exhibition as an international event."