UAE’s airport infrastructure investments hit $272.25bn

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The UAE’s General Civil Aviation Authority (GCAA) has revealed that the nation has invested $272bn in airport infrastructure development projects until now, with investments covering projects across the country and a fleet of 884 commercial aircrafts.

Commenting on the growth in the aviation sector, the director-general of the GCAA, Saif Mohammed Al Suwaidi, said: “I believe there is a need to inject more money in order to keep pace with massive and successive developments in the sector.”

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The aviation sector is experiencing growth in air transport, airport construction, and airport expansions, leading to the growth of regional and global economies, particularly in the Asia-Pacific region and the Middle East, according to state news agency, Wam.

Source: www.constructionweekonline.com