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Tue 29 May 2007 01:48 PM

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$12.3bn set for Dubai airports

Expansions of the two hubs in the emirate are part of a $20bn budget for the UAE’s airports.

Two Dubai airports are set to get AED 45.2 billion ($12.3 billion) worth of development and expansion projects, it was announced at the seventh Airport Show in Dubai yesterday.

The investment is part of the AED 75.3 billion ($20.5 billion) budget being spent to develop and expand six airports in the UAE.

The projects for Dubai include the AED 15.1 billion ($4.1 billion) of major expansions set for Dubai International Airport, and AED 30.1 billion ($8.2 billion) for the development of Dubai World Central (DWC) International Airport in Jebel Ali, according to a Khaleej Times report.

The three-day exhibition also showcases a total of AED 220.3 billion ($60 billion) for development and expansion projects in 61 airports across the Middle East, Africa and South Asia.

Other expansions in the UAE include AED 25 billion ($6.8 billion) for the Abu Dhabi International Airport in the capital, AED 227.64 million ($62 million) for the emirate of Sharjah, AED 183.6 million ($50 million) in Fujairah, and AED 99.14 million ($27 million) for Ras Al Khaimah.

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