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Vol. XII Issue VI - June 2010
Project Management eJournal
REGIONAL REPORT:
Project Management Update from Jordan
By Ammar Mango
International Correspondent for PMForum & PM World Today
** Special thanks to Wasseem AlKury for the considerable effort in helping prepare this article.
Amman, Jordan
Queen Alia International Airport New Terminal - Amman
In 2007, the International Finance Corporation successfully advised the government of Jordan on structuring and awarding 25 years concession for the Queen Alia International Airport QAIA in Amman. The project includes rehabilitating existing facilities, constructing a new terminal with a capacity of around 10 million passengers per year, and operating the airport.
The concession was awarded to the Airport International Group with a bid of 54.58% of gross revenues to the government, the highest revenue-sharing percentage achieved for similar projects anywhere in the world.
The Airport International Group AIG is a Jordanian shareholding company. It is a consortium which consists of three financial shareholders; Invest AD (UAE) “38%”, Noor Financial Investment Company (Kuwait) “24%” and Edgo Group (Jordan) “9.5%”. Two specialized sister companies Joannou & Paraskevaides (Overseas) Limited (Cyprus) “9.5%” and J&P-Avax (Greece) “9.5%” which have formed a joint venture to undertake AIG’s major construction program. Finally, operations and management of QAIA are handled by Aéroports de Paris Management (France) “9.5%”.
In May 2007, the Government of Jordan signed a 25 year agreement with AIG by which the latter was entrusted to operate, maintain and rehabilitate the existing QAIA landside and airside facilities…
To read entire report click here
Ammar Mango Author
Ammar W. Mango, PMP, CSSBB, is principal consultant for Method Corporation, a project management consulting, product and services company based in Amman, Jordan. He is also an International Correspondent for PMForum and PM World Today in Jordan. With over seventeen years of global experience in Project Management & Leadership consulting and training, he is considered an international expert on the subjects and enjoys a superb reputation as an inspirational trainer and consultant. He holds a bachelor’s degree from Jordan University and a Master's Degree in Construction Engineering and Management from the University of Michigan, Ann Arbor, USA. He has been certified as a Project Management Professional (PMP) by the Project Management Institute (PMI) since 1991, and as a Six Sigma Black Belt by the American Society for Quality. He served as Vice President, Education, PMI Great Lakes Chapter in 1993, and is the founder and currently an active member of the PMI Jordanian Chapter. Additional information can be found at http://www.pmforum.org/pm%20forum%20team/index.htm#5. Ammar can be contacted at amango@methodcorp.com. |
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