Three leading Turkish construction firms are competing to develop a cutting-edge airport in NEOM, Saudi Arabia’s $500 billion futuristic city. The contenders include industry leaders Limak and IC Ictas, both renowned for their expertise in executing large-scale airport projects globally.

The third competitor is speculated to be either YDA Group or TAV Construction, both seasoned players in the sector. With a projected capacity of 20 million passengers annually, the airport is estimated to exceed a $1 billion budget.

IC Ictas, in partnership with Al Rashid Trading and Contracting Company, has already completed key terminal projects at Riyadh’s King Khalid International Airport. Confident in its capabilities, the firm aims to secure at least one of six additional terminals planned for the site, alongside its bid for the NEOM airport.

Limak, another strong contender, boasts an impressive portfolio of international airport projects, reinforcing Türkiye’s standing as a global leader in construction.

Both Limak and IC Ictas have successfully passed the preliminary application stages for the NEOM tender.

Read the full story at Turkiye Today