UAE/TURKISH BUSINESS RELATIONS

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• Turkish airport operator invests in Middle East

• 
  Dr. Nilgün Birgören    Premium Member   Group moderator

  The company name is only visible to registered members.

  Turkish airport operator invests in Middle East

  Turkish airport operator Tav Airports, part of the Tav Group, is eyeing investments in the Middle East, banking on a massive $90 billion (Dh330 billion) in investment earmarked for the region's airports over the next few years, according to the company's chief executive.
  
  The immediate target for the Tav Group, a well known brand in airport construction and operations, which expects a chunk of its business to come from the UAE in the short term, will build the Midfield Terminal Building at Abu Dhabi International Airport.
  
  "We are one of the shortlisted companies for the project along with Arabtec and CCC (Consolidated Contractors Company). Besides, we are already constructing the foundations of the Abu Dhabi International Airport Midfield Terminal. This shows our ties with all the big players in the Middle East market," Mustafa Sani Sener, CEO of Tav Group, told.
  
  He added: "Our strategy is to continue to participate in airport projects in the region either on an investment basis through EPC (engineering, procurement and construction) contracts. And we are ready to participate in any kind of PPP [public private partnership] in the region as Tav Airports."
  
  Tav is already building Qatar airport's terminal building together with Japanese company Taisei, in addition to constructing runway and overall infrastructure at Muscat International Airport in Oman together with CCC. In the past, the Turkish company has built seven aircraft hangars for Emirates to house and maintain the Airbus 380 aircraft.
  
  Tav construction's presence in the region represents 65 per cent of the company's global portfolio.
  
  Among some of its future projects, Tav Airports is preparing for the Madinah BOT tender in Saudi Arabia.
  
  Tav is benefiting from the geographical proximity of Turkey to the region and cultural commonality.
  
  The GCC, meanwhile, continues to allocate large investments in new and existing airports with major expansion in the region's 1,200 international, domestic and defence airports as well as new projects that are expected to cost around $90 billion over the next few years, according to industry statistics.
  
  In the UAE alone, investments in DWC-Al Maktoum International airport in Jebel Ali are an estimated $10 billion, while Concourse 3 at Dubai International is expected to cost nearly $1.17 billion.
  
  Total investment in Abu Dhabi International Airport midfield, meanwhile, is forecast to reach $6.8 billion.
  
  Other developments in the region include King Abdulaziz International Airport (KAIA) Development Phase 1 in Jeddah with an investment equivalent to $1.5 billion; new Doha International Airport around $11 billion; expansion of Muscat International Airport at $1.2 billion; Bahrain airport $335 million, and Kuwait International Airport estimated at $2.1 billion.
  
  Statistics from the Airports Council International (ACI) and the International Air Transportation Association (IATA) support the numbers as the global aviation bodies predict airports in the Middle East will handle over 400 million passengers by 2020.
  
  The aviation sector is growing and will continue to grow in the region, while the global passenger numbers are expected to touch around 10 billion by 2025. The growth in airport operations industry must be parallel to the over growth in the aviation sector.
  
  • 15 May 2011, 09:05 am
  Dr. Nilgün Birgören wrote: > Turkish airport operator Tav Airports, part of the Tav Group, is > eyeing investments in the Middle East, banking on a massive $90 > billion (Dh330 billion) in investment earmarked for the region's > airports over the next few years, according to the company's chief > executive. > > The immediate target for the Tav Group, a well known brand in airport > construction and operations, which expects a chunk of its business to > come from the UAE in the short term, will build the Midfield Terminal > Building at Abu Dhabi International Airport. > > "We are one of the shortlisted companies for the project along with > Arabtec and CCC (Consolidated Contractors Company). Besides, we are > already constructing the foundations of the Abu Dhabi International > Airport Midfield Terminal. This shows our ties with all the big > players in the Middle East market," Mustafa Sani Sener, CEO of Tav > Group, told. > > He added: "Our strategy is to continue to participate in airport > projects in the region either on an investment basis through EPC > (engineering, procurement and construction) contracts. And we are > ready to participate in any kind of PPP [public private partnership] > in the region as Tav Airports." > > Tav is already building Qatar airport's terminal building together > with Japanese company Taisei, in addition to constructing runway and > overall infrastructure at Muscat International Airport in Oman > together with CCC. In the past, the Turkish company has built seven > aircraft hangars for Emirates to house and maintain the Airbus 380 > aircraft. > > Tav construction's presence in the region represents 65 per cent of > the company's global portfolio. > > Among some of its future projects, Tav Airports is preparing for the > Madinah BOT tender in Saudi Arabia. > > Tav is benefiting from the geographical proximity of Turkey to the > region and cultural commonality. > > The GCC, meanwhile, continues to allocate large investments in new > and existing airports with major expansion in the region's 1,200 > international, domestic and defence airports as well as new projects > that are expected to cost around $90 billion over the next few years, > according to industry statistics. > > In the UAE alone, investments in DWC-Al Maktoum International airport > in Jebel Ali are an estimated $10 billion, while Concourse 3 at Dubai > International is expected to cost nearly $1.17 billion. > > Total investment in Abu Dhabi International Airport midfield, > meanwhile, is forecast to reach $6.8 billion. > > Other developments in the region include King Abdulaziz International > Airport (KAIA) Development Phase 1 in Jeddah with an investment > equivalent to $1.5 billion; new Doha International Airport around $11 > billion; expansion of Muscat International Airport at $1.2 billion; > Bahrain airport $335 million, and Kuwait International Airport > estimated at $2.1 billion. > > Statistics from the Airports Council International (ACI) and the > International Air Transportation Association (IATA) support the > numbers as the global aviation bodies predict airports in the Middle > East will handle over 400 million passengers by 2020. > > The aviation sector is growing and will continue to grow in the > region, while the global passenger numbers are expected to touch > around 10 billion by 2025. The growth in airport operations industry > must be parallel to the over growth in the aviation sector.
• 
  Dr. Nilgün Birgören    Premium Member   Group moderator

  The company name is only visible to registered members.

  Re: Turkish airport operator - TAV

  Istanbul-based construction company Tav Group will place its bid along with partners Arabtec and CCC in July for the Abu Dhabi international airport midfield terminal project, its President and Chief Executive Officer Mustafa Sani Sener said on the sidelines of the MEED Arabian World Construction Summit.
  
  "We will be first be bidding for Madina airport project in Saudi Arabia on June 5. The Madina project is likely to be awarded this year," he said.
  
  The Tav Group currently has projects cumulatively valued at $8 billion (Dh28 billion) in the Middle East and North Africa (MenaA) region.
  
  Tav Construction has established branch offices in Abu Dhabi, Sharjah and Dubai to seize the burgeoning opportunities in the booming construction sector in the Gulf region.
  
  Building on its initial project of constructing steel roof hangars in Dubai for Emirates airline's A380 superjumbos, Tav Construction has accomplished a large shopping mall, a private school and a high-rise building.
  
  Tav Group also has business interests in Egypt, Qatar, Tunisia, Bahrain, Macedonia, Oman and Libya.
  
  • 29 May 2011, 2:36 pm
  Dr. Nilgün Birgören wrote: > Istanbul-based construction company Tav Group will place its bid > along with partners Arabtec and CCC in July for the Abu Dhabi > international airport midfield terminal project, its President and > Chief Executive Officer Mustafa Sani Sener said on the sidelines of > the MEED Arabian World Construction Summit. > > "We will be first be bidding for Madina airport project in Saudi > Arabia on June 5. The Madina project is likely to be awarded this > year," he said. > > The Tav Group currently has projects cumulatively valued at $8 > billion (Dh28 billion) in the Middle East and North Africa (MenaA) > region. > > Tav Construction has established branch offices in Abu Dhabi, Sharjah > and Dubai to seize the burgeoning opportunities in the booming > construction sector in the Gulf region. > > Building on its initial project of constructing steel roof hangars in > Dubai for Emirates airline's A380 superjumbos, Tav Construction has > accomplished a large shopping mall, a private school and a high-rise > building. > > Tav Group also has business interests in Egypt, Qatar, Tunisia, > Bahrain, Macedonia, Oman and Libya.