Kuwait Directorate General for Civil Aviation (DGCA) said Sunday it agreed with Korean Incheon International Airport Corporation (IIAC) to operate, manage, maintain and develop the new Terminal Four (T4) at Kuwait International Airport.
IIAC won the tender, which was placed in Feburary this year, after completing all requirements, DGCA said in a statement.
It added IIAC would start operation of T4, which would be specified for Kuwait Airways, within 90 days of signing the contract.
The agreement with IICA, it said, was part of Kuwait government's desire to seek partnerships with international companies specialized in civil aviation.
The Korean company will also transfer knowledge and expertise, as well as train Kuwaiti youth on airport management.
The T4, which contains 14 gates, aims at reducing the traffic on the current terminal. It is designed to contain 4.5 million passnegers per year.