Iraq plans to build new airport in Baghdad

Baghdad International Airport. Photo: Social media Baghdad (IraqiNews.com) – Iraq’s National Investment Commission (NIC) announced that it is moving to build a new airport in Baghdad with an annual capacity of 20 million passengers. Adel al-Yasiri, the chairman of the NIC, said that the commission is currently preparing a site spanning approximately 20 square kilometers near the capital, Baghdad, for the development of one of the largest airports. With an operating capacity of up to 20 million passengers annually, the project is expected to be managed by large multinational companies and developed through an investment-based strategy. The project is anticipated to be constructed using an investment-based strategy and operated by major international corporations, with an operational capacity of up to 20 million passengers annually. According to al-Yasiri, the NIC has put forward proposals for both the development of Baghdad International Airport and the enhancement of Mosul International Airport. The plans are part of broader efforts to develop infrastructure and enhance Iraq’s capacity to accommodate air traffic, the state-run Iraqi News Agency (INA) reported. The Iraqi cabinet announced in late October that it awarded a contract to develop and operate Baghdad International Airport to a consortium comprising Corporacion America Airports and Amwaj International. The $764 million contract includes the construction of a new terminal designed to handle up to 15 million passengers annually, according to the Prime Minister’s Office (PMO). The consortium’s plan was chosen as the best offer, with 43.05 percent of the airport’s annual revenue flowing to the national treasury throughout the concession period.