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Abu Dhabi Looks to Pull in Buyers
Abu Dhabi continues to compete with its neighbor Dubai as a destination for international property investors and business people with recently announced plans. A new executive airport was just announced for Al Bateen military airbase only 10 kilometers from downtown Abu Dhabi by the Abu Dhabi Airports Company. ADAC is planning to invest more than $50 million US in new and upgraded facilities at the airport to make it attractive to those who want to do business in the Emirate.
HE Khalifa Al Mazrouei, Chairman and Managing Director of ADAC, said: "The corporate jet market is an important element of Abu Dhabi's air transport strategy. By creating the a dedicated executive jet airport, we are taking an important step forward in regional leadership of this sector and in reinforcing the credentials of the Emirate of Abu Dhabi as the region’s premier venue for aviation and aerospace industry to flourish."
The 3,200 meter runway can accommodate a range of aircraft types and sizes, from smaller corporate jets up to Boeing Business Jets (BBJs) or Boeing 737-800s. Aircraft can park at one of more than 30 stands and passengers can have access through three passenger terminals.
ADAC's initial investment will see upgrades to the airfield infrastructure, including runway surfacing, lighting and electrical power, and operational equipment, as well as enhancing terminal facilities and adding stands. Over the longer term, the company will support the development of a corporate jet maintenance, repair and overhaul (MRO) center at the airport.
“ADAC's strategy is to meet current and future air travel demand in the Emirate," pointed out Al Mazrouei.
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