TAV hopes to return to Tripoli airport project at later date

Istanbul
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Turkish airport operator TAV has withdrawn all of its workers from Tripoli in Libya, where it is constructing a new terminal, but hopes to return to the project once the country's political situation stabilises.

"Our company TAV Constructions is building a terminal in Tripoli. Because of the unstable position, all of our workers came back to Turkey. TAV became the first international company in Libya to take back all workers," says TAV chief executive Sani Sener.

"At the moment our workplace is safe. After the position stabilises, we plan to return." TAV is working on a €1.5 billion ($2.1 billion) construction project in Libya.

The company is more optimistic on its projects in Tunisia, following civil unrest in the country earlier this year. "In Tunisia, we have too airports. Now it's getting more stable. We believe Tunisia will recover and passenger numbers will continue expanding," says Sener.

TAV is also closely watching the Medina airport tender in Saudi Arabia, offers for which will be collected by the Saudi Arabian Government at the end of this month.

TAV posted a full-year net profit of €52 million in 2010. Revenue for the year increased by 23% to €785 million.