Turkish Limak wins new terminal construction tender of Kuwait Int’l Airport for $4.34 bln

ISTANBUL

Turkey’s Limak İnşaat announced it won a tender to build the new terminal in the Kuwait International Airport for $4.34 billion in a written statement on Aug. 18. 

The company, the construction unit of Limak Holding, said the bid of 1.31 billion dinars ($4.34 billion) was approved by the Kuwait Central Tenders Committee (CTC). 

The new terminal building will initially have a capacity of 13 million passengers and will be expanded to have a 25-million passenger capacity in the future, according to the statement. 

Limak İnşaat will provide repair and maintenance services in the two years after it completes and transfers the building, the financing of which will be held by the Kuwait state. The company will also manage the operational transition process of the terminal following the construction period, said the statement. 

This tender was the largest tender undertaken by a Turkish construction company abroad in one package, according to the statement. 

Around 5,000 people will be employed in the construction project. 

Limak Holding, part of the consortium building Istanbul’s third airport, built the new terminal in Istanbul’s Sabiha Gökçen Airport as well as the new terminal in the Kosovo Pristina Airport. The company also recently announced it had won a tender to build a new terminal building of the Rostov Airport in Russia.