By Andy Sambidge
Abu Dhabi Duty Free invites bids from companies to be part of new $2.9bn terminal building
Abu Dhabi Duty Free has announced it is inviting bids from global retailers who want to be part of the new terminal being built at Abu Dhabi International Airport.
Retailers, food and beverage operators, and leading brands from all around the world are being invited to submit bids for commercial opportunities for the MTB which is due to open in July 2017.
A total of 28,000 square metres of space will be available, comprising of 18,000 sq m of retail and 10,000 sq m for food and beverage outlets, the airport retailer said in a statement.
"As a completely new commercial development, bidders will have the opportunity to build and brand their chosen space from a blank canvas, rather than work under the constraints of an existing outlet," the statement added.
Abu Dhabi Duty Free said it will allow successful bidders from the retail and food and beverage sectors to work with international consultants to optimise allocated space and cater it to their own bespoke designs.
Mohammed Al Bulooki, chief commercial officer of Abu Dhabi Airports said: "Abu Dhabi Airports is calling on ambitious, innovative retailers, food and beverage operators, as well as leading brands from all over the world to participate in this commercial process.
"Few opportunities like this exist to take advantage of such a unique and extensive commercial space, whose size and footfall make it so compelling. Abu Dhabi Airports looks forward to working with such partners to make Abu Dhabi's Midfield Terminal Building a jewel in the crown in the UAE's transport infrastructure."
The $2.9 billion project to expand facilities at Abu Dhabi International is expected to increase capacity to 30 million passengers annually, doubling today's capacity.
Earlier this week, Abu Dhabi Duty Free said that its revenues in 2013 reached record levels at AED912.7 million ($248 million).The performance represented an increase of 13 percent compared to 2012.