Dubai Civil Aviation in negotiations to obtain Dh10 billion for airport expansion
The Department of Civil Aviation (DCA) is negotiating with a consortium of banks to obtain about Dh10 billion financing for the remaining projects under the Dh15 billion ($4.1 billion) expansion of Dubai International Airport.
The financing is expected to be finalised this summer and an announcement could be made by the DCA in September, Khalifa Suhail Al Zaffin, DCA director for engineering projects, said while announcing details of the Airport Build and Supply Exhibition, which begins at the Airport Expo Dubai Monday. (menareport.com)
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