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GMR and partners cleared to bid on Saudi’s $800M Taif airport project to boost pilgrimage and air travel.
GMR Group and a consortium led by Tamasuk and Bengaluru Airport International have cleared pre-qualification for Saudi Arabia’s $800 million Taif International Airport project.
The 30-year Build-Transfer-Operate PPP project aims to build a new airport to meet demand through 2055, serve as an Umrah pilgrimage alternative, and strengthen the country’s multi-airport system.
Other qualified bidders include Mada International Holding, a group led by Irish firm Daa International, and Kalyon Insaat.
The development will include a modern terminal, roads, utilities, parking, and space for future expansion.
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GMR y sus socios aprobaron una oferta para el proyecto de aeropuerto de Taif de 800 millones de dólares de Arabia Saudita para impulsar la peregrinación y los viajes aéreos.