NewsJune 30, 2019

Signing of amendment contract for the development of new Passenger Terminal Building between MACL and Saudi Bin Laden Group

In a special ceremony, the signing of the amendment contract for the development of the new Passenger Terminal building between Maldives Airports Company Ltd (MACL) and Saudi Bin Laden Group (SBG) was held on 27th June 2019.

The acting Managing Director of Maldives Airports Company Ltd Mr. Moosa Solih signed on behalf of MACL while Chief Operating Officer (international) of Saudi Bin Laden Group Mr. Paolo Bigi signed on behalf of SBG. This contract signed today saw the sealing of many months hard work in making a fresh start on the development of the new International Passenger Terminal building.

As per the contract, the duration of work is around 42 months which is set to complete in May 2022. The building area is 78,000sqm and the project value is USD 357 million. The project’s scope of works includes 6 contact stands and 4 remote stands at the New International Terminal Building, Landside Roads and Landscape works, Seaplane area with tourist lounges, Fine dining, retail and lounges, MEP works including inline BHS, vertical and horizontal assisted transportation compliant with EU and local security regulations, Demolition of existing pier building and related works.  As per the current progress, all piling works are completed and road diversion works are in progress

The ceremony was attended by the Minister of Finance, MACL chairman and board directors, MACL Company Secretary, Country Manager of Saudi Bin Laden Group, Consultant for VIA upgrading, and senior staff of MACL and SBG along with airport stakeholders.