Sources with knowledge of the expansion of Dubai World Central have said that talks among officials are ongoing
It is reported that Dubai is considering the possibility of resuming its largest construction project - the expansion of Al Maktoum International Airport, MEED reports, citing informed sources.
The 120 billion dirhams ($33 billion) project, also known as Dubai World Central (DWC), was launched in June 2010 for cargo operations and in October 2013 for passenger operations.
The airport aims to become the largest airport in the world by 2050, capable of handling up to 255 million passengers annually.
The initial phase of the project will increase the airport's capacity to 130 million passengers per year, and the total building area will be 56 square kilometers. This phase is expected to be completed by 2030.
Sources close to the project said negotiations between officials are ongoing and potential stakeholders have been advised to prepare for the restart, the report said, adding that the move would be a significant boost to the emirate's economy, which currently does not produce the same level of construction work as in the past.
The growth in passenger traffic has contributed to the growth of expansion prospects, especially considering that Dubai International Airport handled 66.1 million passengers in 2022.
Some 78 million passengers are also expected to use Dubai Airport this year before returning to pre-pandemic levels in 2024.
The report adds that progress on the implementation of the Al Maktoum International Airport project stalled during the Covid-19 pandemic after firms competed for a contract to build a foundation worth about $2.7 billion for Concourse 1 and the Western Terminal Building, which is the largest contract offered for the project.
The contract includes more than 1.7 million square meters. m connected basements with amenities, including tunnels for moving people, baggage handling systems, road networks of ground services and internal technical and auxiliary facilities.
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