President and chief executive officer (CEO) of TAV Group, Sani Sener, and his colleagues experienced a busy 2018 especially within their core market of aviation.
For the 12 months ending 31 December, 2018, revenue at the group – which describes itself as an airport investor, developer, and contractor – stood at $2.23bn. The value of its current backlog stands at $2bn, with the value of its ongoing projects standing at $10.85bn.
“Our primary specialisation is airports and, being a strategic asset and infrastructure investment, these projects are generally less vulnerable than real estate projects,” said Sener, when asked about the challenges that he believed TAV will need to overcome in the coming year.
“For TAV Construction, the goal in this upcoming 12 months would be to successfully handover our flagship Midfield Terminal Building project and secure two airport projects that we have been following for some time now.”
Although TAV Construction’s main area of expertise is the construction of airports and related facilities, the team has also expanded its portfolio to include several high-profile buildings.
Among its ongoing UAE projects, according to the firm’s website, TAV Construction counts the Damac Towers by Paramount mixed-use development; the two towers of the Address Residences Dubai Opera; and the Il Primo residential tower adjacent to the Dubai Opera House, with a built-up area of about 140,000m2.
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