Changi to manage Abu Dhabi Airport
Singapore’s Changi Airports International told Dow Jones news wire on Tuesday that it has received a contract to manage Abu Dhabi International Airport for an 18-month period. The contract calls for CAI to oversee the operations of the existing terminals at Abu Dhabi International Airport and work on improvements in efficiency, safety, security and service quality, CAI said in a statement.
Abu Dhabi International Airport currently handles about seven million passengers a year.
The value of the contract was not announced.
CAI Chief Executive Chow Kok Fong told Dow Jones in a recent interview that the company is moving to invest in airports in India, Russia, China and the Middle East
A typical investment for CAI would be between US$100 million and US$200 million for each project, he said.
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