08/02/2014 11:18 AST

The Abu Dhabi International Airport’s Dh10.8 billion ($2.9 billion) Midfield Terminal Building (MTB) project remains on schedule, said a report.

The first arch has gone up in the last three to four weeks, which the second will be up by February 24, said the airport’s chief executive in the Gulf News report.

The 700,000 sq m site is being built by a joint venture between Turkish construction company TAV, Greek Consolidated Contractors Company and Arabtec.

The Abu Dhabi Airports Company plans to open the new terminal by July 17 next year, which will be solely used by Etihad Airways and its equity and codeshare partners, Tony Douglas was quoted as saying.

It aims to speed up with the roof, the four piers, and the external façade and glazing will be complete this year, he said.

The terminal will take Abu Dhabi International’s current capacity from 17.5 million passengers a year up to 55 million, he added.

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