IKIA's proposed third terminal, called the Iranshahr Terminal, is currently in its planning phase. In February 2016, its development contract had been awarded to the Dutch engineering firm Netherlands Airport Consultants (NACO), a subsidiary of Royal HaskoningDHV. However in 2017, NACO withdrew from the contract after its failure to obtain financing due in part to US sanctions against Iran. The Iranshahr Terminal is planned to have a capacity of 20 million passengers per year, which would bring the airport's total passenger capacity to 30 million passengers per year.