TAV Construction has become the world’s largest company in the airport construction sector with a turnover of $1.25 billion, according to the latest report of the Engineering News Record (ENR), the Turkish company said in a written statement Dec. 19.
“One of the respectable publications of the sector, Engineering News Record (ENR) has announced the world’s largest construction companies based on the projects undertaken in 2014. TAV Construction ranked top in the ‘Airport Construction’ category,” said the statement.
TAV Construction has become a professional player in a challenging and complex sector and has become a leader in airport design, construction and financing thanks to rapid growth, it added.
“We have undertaken projects like the Abu Dhabi Midfield Terminal, the Madinah Airport, Jeddah Airport’s Saudi Airlines hangars, and the Riyadh Airport, and have achieved considerable success in the Gulf region over the last three years. We are proud to represent our country and rank top in the ENR list,” TAV Group President and CEO Sani Şener was quoted as saying.
Starting with Istanbul Atatürk Airport, the total contract value of the projects TAV Construction has undertaken in the last three years exceeds $16.2 billion. The company has been constructing the Abu Dhabi Airport Midfield Terminal Complex in the United Arab Emirates; the Riyadh King Khaled Airport Terminal 5, Jeddah King Abdulaziz Airport Aircraft Maintenance Hangars and Madinah Prince Muhammed Bin Abdulaziz Airport in Saudi Arabia, as well as Muscat Airport Infrastructure Works in Oman.