Al Jaber to build Dubai's Concourse 3

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority and Chairman, Dubai Aviation City Corporation (3rd from right) and Khalifa Al Zaffin, Executive Chairman, Dubai World Central (3rd from left) with senior officials of Al Jaber Engineering & Contracting and Dubai Civil Aviation Department at the signing of the deal for Dubai International Airport’s Concourse 3 construction.

"We have today signed the contract with the authorities at the Dubai airport," Al Jaber told the Gulf News.

"The project will have an execution period of two and a half years," she said, adding that the authorities had been in direct negotiations with the company.

Concourse 3 is scheduled for completion by the end of 2011, which would increase the airport's passenger handling capacity to 80 million a year from the initially planned 70m.

Earlier, a consortium led by Al Habtoor Leighton had withdrawn from the project, saying the partners couldn't agree on contract terms.

The joint venture which was to build Concourse 3 comprised Al Habtoor Leighton with a 40%, South Africa's Murray & Roberts with 40% and Japan's Takenaka Corp with 20%.