Dubai plans to restart $33bn airport expansion
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Expansion works at Dubai Al Maktoum International Airport (DWC) appear to be set to resume, according to Simpleflying. Officials are discussing restarting the $33 billion construction project, according to a report from MEED, people familiar with the matter said.
Additionally, partners and stakeholders have been informally notified to prepare for the resumption of the project.
The project started slowing in 2019 as Dubai's economy faltered from plunging oil prices, before the outbreak halted progress entirely.
One of the factors driving the resumption of the project is the increase in passenger traffic at Dubai International Airport. Passenger traffic is expected to be about 78 million in 2023, slightly lower than the 86 million in 2019, and to fully return to pre-epidemic capacity in 2024.
One of the problems that Dubai International Airport may face is that, with only two runways, it may be difficult to cope with the increasing demand for aircraft movements as passenger traffic increases.
On top of that, neighboring Saudi Arabia plans to build a new mega-airport in Riyadh by 2030, which could speed up Dubai's efforts to get the DWC back on track.
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