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Thursday, 04/22/2010 7:56:49 AM

Thursday, April 22, 2010 7:56:49 AM

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U.S.'s Leedco wins Iraq airport contract
BAGHDAD, March 29 (Reuters) - Unlisted Leedco Engineers Inc has won a $50 million contract for construction of an international airport in Iraq, company and provincial officials said on Monday.

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The airport is to be built in Salahuddine Province in northern Iraq as an alternative to Baghdad International Airport, said Jewher Hamad al-Fahel, the head of the province's investment commission.

Land is to be handed over to the California-based engineering consulting services company in the next few days, he told Reuters.

Hassan Badrelddine, Leedco's representative in Iraq, said the contract was worth $50 million.

The goal is to have the new airport operational within two years, with initial capacity of 2 million passengers a year. Baghdad International Airport handles about 7 million passengers a year.

Iraq's Transport Ministry said this month it would invite foreign companies in April to build an international airport in southern Iraq. French airport operator Aeroports de Paris (ADP.PA) won a $42.5 million contract in November 2009 to work on the plans. (Reporting by Aseel Kami; editing by Jon Loades-Carter)

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