DOHA: Qatar Civil Aviation Authority (QCAA) yesterday announced the appointment of Qatar Insurance Company (QIC) as an “insurance bond carrier” to provide full insurance service for the newly opened Hamad International Airport (HIA) for a value of QR45.97bn ($12.6bn).
In a press statement, the QCAA said yesterday that a local contract tender process was carried out in abidance with ISO-9000 standards. A total of six insurance companies in Qatar were involved in the contract bid, for which one Qatari company was named as the chosen tenderer.
The QIC will be the sole insurance provider of HIA, the region’s latest aviation hub built at whopping cost of over QR55bn.
Abdul Aziz Al Noami, Chairman of QCAA, said: “HIA provides the aviation industry with a new gateway to the world, equipped with the latest technological advancements, modern facilities and efficiency-led designs. QIC, one of the strongest insurance bond providers in Qatar, and regarded with the highest standards, has proudly been selected as a fine insurance provider of this magnificent new airport.”
The HIA officially opened for its First Phase of operations on April 30 with 10 budget-airlines, including flydubai, Air India Express, Nepal Airlines and others.
The Peninsula
