ADFD contributes $918 m to BIA expansion project

Manama, Feb 17 (BNA): Abu Dhabi Fund for Development (ADFD) has contributed $918 million to the Bahrain International Airport expansion project, General Manager Mohammed Al-Suwaidi said. He added that ADFD has committed to cover the largest share of the project total cost of $1.1 billion. Al-Suwaidi, in a press statement to Bahrain News Agency (BNA) on the sidelines of the expansion project launch ceremony, said that the ADFD contribution comes as part of the GCC development program agreed upon in 2013. He pointed out the ADFD $2.5 billion commitment to support Bahrain's infrastructure of transportation, housing, energy and road sectors over next 10 years. He attached significant importance to the project, describing it as the huge one, which will have great effect on Bahrain's economy.