Dublin Airport Authority “actively looking” at Iran

Ireland’s Dublin Airport Authority (DAA) is “actively looking” at opportunities in Iran, chief executive Kevin Toland said on Wednesday in what is the latest sign of a closer commercial relationship between the Islamic republic and Europe. Iran has moved to strengthen its economic ties with Europe since the lifting of nuclear sanctions in January. The country has signed billions of dollars of contracts with European firms including a deal with France’s Aéroports de Paris to build a new terminal at Tehran’s Imam Khomeini international airport. “Iran is a tremendously exciting opportunity,” Toland said. DAA’s international subsidiary last year won a contract to manage the new Terminal 5 at Riyadh’s King Khalid International Airport. An affiliate company has also won the retail contracts for Abu Dhabi’s Midfield Terminal Building (MTB) and Muscat International’s new terminal. It has similar contracts at the two airport’s existing terminals and in Bahrain and in Lebanon. Toland said DAA is “hoping to be part” of the opportunities in Iran who are reconnecting with the global market after decades of isolation.<br/>