TAV Construction has won a $400m design and construction tender for the construction of new Terminal 5 at King Khaled International Airport in Riyadh, Saudi Arabia.
Collaborating with Al Arrab Contracting, TAV will construct a 100,000m² passenger terminal, a 90,000m² multi-story car parking to accommodate 3,000 cars, a fire station, an operations centre and a plane apron, in addition to terminal airside infrastructure.
The 18-month project will also include elevated roads and infrastructure works to link the new Terminal-5 to the existing terminals.
King Khaled International Airport is TAV's third tender win in Saudi Arabia following the Jeddah Airport Aircraft Maintenance Hangars and Madinah Airport development projects.
The contract award follows TAV's selection by the Saudi Arabian Civil Aviation Authority GACA following a tender process, which brings the construction firm's contracts in the Middle East and North Africa region to over $16bn.
TAV Group President and CEO Sani Sener said the company's latest win is a very important project.
"Airport privatisations are continuing in Saudi Arabia. This airport is also one of those which will be privatised soon," Sener said.
"In the meantime, our investment and operation in Medinah is also ongoing.
"Our $800 million hangar construction project at Jeddah Airport also continues."
The new terminal will feature enhanced architectural design to improve passenger experience while it will integrate with existing terminals in terms of architecture and operations.
King Khaled International Airport had recently awarded a five-year, $72m redevelopment and expansion contract to a joint venture led by Aecom Technology, which will help the airport in handling 30 million passengers per year in future.
Image: Construction of the new Terminal 5 at King Khaled Airport is scheduled to be completed within 18 months.