ACEG, together with China National Aero-Technology International Engineering Corporation (CATIC), signed the project contract of the Greenfield Passenger Terminal Complex and associated works at the Jomo Kenyatta International Airport with Kenya Airports Authority on September 14th 2012 with contract amount of USD$653.78 Million and duration of 36 months, this project will be operated on the base of the General Conditions of Contract for Design-Build and Turnkey Projects specified in FIDIC 1996 version.
Located in Kenya capital Nairobi, the Jomo Kenyatta International Airport is not only the first project for ACEG entering Kenyan market,but also the highest contract amount for ACEG ever contracted in overseas markets so far. ACEG and CATIC have complementary advantages and these two corporations are to cooperate as a JV to handle this key international project on turnkey basis through competitive tender and committed to fulfill this project successfully.