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Article: Gulf region aviation sector to attract $45 bn by 2014: report

Article from:
The Hindustan Times
Article date:
November 12, 2009
Copyright

Abu Dhabi, Nov. 12 -- The Gulf region's civil aviation sector is poised to attract more than $45 billion in investments in the next five years, according to a report by Kuwait Financial Centre (Markaz).

The United Arab Emirates (UAE) is well ahead of other countries in the region on this count, with its new Al Maktoum International Airport in Jebel Ali's Dubai World Central development due to open in the middle of 2010, and with the airport expected to increase the country's capacity by an additional 120 million passengers, WAM news agency reported quaoting a newspaper.

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