Bu Quraaha said that this stage will be implemented over a period of 10 years ending in 2020.
Al Bayan newspaper quoted him as saying the project includes the establishment of terminals to accommodate 80 million passengers in addition to strengthening the capacity of cargo facilities for up to 12 million tonnes annually.
He said the cost of the first phase of the project amounted to Dh14 billion and included the erection of a building for travelers with a capacity of up to 5 million passengers and cargo terminal with a capacity of 250 tonnes which can later be upgraded to 600,000 tonnes.
He added that there are more than 100 airlines and logistics services that operate out of the Dubai World Central currently, which includes two free zones, Aviation City and Dubai Logistics City, where the Aviation City will offer services such as repair and maintenance of aircraft.
Source: Emirates 24/7; Al Bayan