US-based construction consulting firm Hill International has been selected as the independent engineer for the New International Airport of Heraklion project on the Island of Crete in Greece.

The total investment is expected to exceed $585m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The Hellenic Republic selected the consortium Ariadne Airport Group as the provisional contractor for the design, construction, financing, operation, and exploitation of the airport project after a global open tender in May last year.

Ariadne Airport Group consists of Greek company TERNA and India-based GMR Airports.

The consortium was also selected for the construction/financing of the associated road connections.

“The airport will become a key hub for transportation and tourism, providing several benefits to the regional economy, not least by jobs creation.”

Under a concession agreement in which the Hellenic Republic will retain a 45.9% stake, the project will be developed for a period of 35 years.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Hill International Southern Europe vice-president and managing director Emmanouil (Manolis) Sigalas said: “The Kasteli Airport Project is an infrastructure project of particular significance for Crete and all of Greece.

“The airport will become a key hub for transportation and tourism, providing several benefits to the regional economy, not least by jobs creation.”

Scheduled to start during the fourth quarter of this year, the planned work includes the construction of a new airport with a terminal spanning across 72,000m2.

The project also includes construction of category ICAO Code E runway of 3.2km, and an apron area for more than 30 remote and contact parking positions, as well as the connecting roads in addition to a commercial zone.

The airport is slated to become operational by 2023. It will replace the existing Heraklion Airport and is expected to manage more than nine million travellers in the beginning of its operations.

Hill International offers programme management, project management, construction management, and other consulting services.