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Tuesday, 16 August 2011

Turkey to build airport in Egypt

Limak Holding, a Turkish construction firm has won a bid in Egypt to modernise the Cairo Airport in a deal worth $387 million.

Involved in construction, tourism, and technology; Limak Holding won the bid for the biggest contract awarded by Egypt since the uprisings in January.

As part of the bid, the third terminal of the Cairo International Airport in Egypt will be severely renovated and modernised. Plans call for passenger capacity of the airport to be doubled and enlarging the runways of the terminal to accommodate bigger airplanes and additional facilities to improve passenger experience.

Due to take around three years to complete, construction is scheduled to start at the end of 2012.

As Turkey grows and develops further, the country is now a leader in the region and can compete with nations across the world to offer services and investment for other countries. Turkey is a prime country to invest in at the moment, and Turkish companies such as Limak Holding are seeing their international value increase and are winning international contracts, as a sign of the strength of Turkey.

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