UAE-based real estate developer Emaar has signed an agreement to execute a project worth around AED40.5bn ($11bn) at Beijing Daxing International Airport.

As part of the agreement, Emaar will develop 10% of the land area of the 50km² mega airport, Emirati state news agency WAM reported.

The project includes the construction of residential and leisure facilities and is expected to be completed in ten years.

[Airport Technology]