UAE To Invest AED 85 Billion In Airport Upgrades

by Jui Nikita
UAE To Invest AED 85 Billion In Airport Upgrades

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Dubai retains its rank as the third busiest airport in the world welcoming 88.2 million passengers in 2017 and it’s all set to grow.

Dubai International Airport Facebook

What Is It?

A new announcement has revealed that the UAE is investing AED 85 billion in various Airport Development and Expansion Projects that will have a combined capacity to handle more than 300 million passengers a year. The airport projects include AED 30 billion in developing Al Maktoum International Airport, AED 28 billion expansion of phase four of Dubai International Airport and AED 25 billion for the development and expansion of Abu Dhabi International Airport while Sharjah International Airport is undergoing an AED 1.5 billion investment in the expansion of its terminal.

Dubai International Airport Facebook

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What Else?

Currently, the UAE has 14 airports, airstrips and airfields served by 113 airlines with total annual take-offs and landings exceeding 540,000. In addition to these, the four UAE airlines, Emirates Airline, Etihad, FlyDubai and Air Arabia are also investing billions of dollars in acquiring the latest aircraft models that will help the UAE economy to grow and increase combine fleet size to more than 525 in 2018.

Dubai International Airport Facebook

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Statement by GCAA

Saif Mohammed Al Suwaidi, director-general of the UAE General Civil Aviation Authority, said UAE airlines and airports have been ranking consistently as among the best internationally. In fact, conservatively, we anticipate accommodating 118 million passengers by 2023 at Dubai International Airport, and 120 million passengers upon completion of phase two of Dubai World Central, and 200 million passengers upon its completion, all in ultra-modern infrastructure that match, if not surpass, the best in the world.

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