News

90 Firms Show Interest in KSA Airport Development Under PPP Model

Matarat Holding, in collaboration with the National Center for Privatization & PPP, announced the companies that have submitted their Expressions of Interest (EOI) for the Taif International Airport project. A total of 90 companies, including 46 local firms, have shown interest in participating. Among the notable names are Al Gihaz Holding Company, Al Mabani General Contractors Co., Bouygues Batiment International, China National Aero-technology International Engineering Corporation, and Samsung C&T Corporation. The significant response highlights the industry’s keen interest in contributing to the development of this strategic aviation infrastructure.

The project involves the construction of a new international airport in Taif, situated 21 km southeast of the existing Taif Airport. Designed to handle 2.5 million passengers by 2030, the airport will feature a full-length parallel taxiway, a single commercial apron, and a modern passenger terminal building designed to meet future capacity needs. Supporting infrastructure will include facility buildings, utility networks, car parks, and access roads, with provisions for future expansion to accommodate subsystem requirements. This development is expected to enhance the region’s connectivity and provide a critical alternative to Saudi Arabia’s multi-airport system.

Taif International Airport is envisioned to support increasing passenger demand through 2055, playing a vital role in regional economic growth and serving as a key transit point for Umrah pilgrims. The project aligns with the National Aviation Strategy, aiming to deliver a world-class facility that ensures an efficient and seamless passenger experience. It will be developed under a Public-Private Partnership (PPP) model, following a Build-Transfer-Operate (BTO) contract spanning 30 years, which includes the construction phase. This model is expected to attract private investment, enhance operational efficiency, and contribute to the sustainable development of Saudi Arabia’s aviation sector.

For more information please visit: https://www.bncnetwork.net/