Saudi Arabia announced that it plans to tender four new airport projects under the Public-Private Partnership (PPP) model as part of a bigger pipeline of 200 privatisation and PPP projects across 17 sectors announced by the National Centre for Privatisation and PPP (NCP) on Wednesday.
The projects would be procured by Ministry of Transport and Logistic Services, according to details shared by NCP. The launch dates for the PPP tenders weren’t disclosed.
The four airport PPP projects are as follows:
- Abha International Airport - increase capacity with a 30-year Build-Transfer-Operate (BTO) contract
- Taif International Airport - increase capacity with a 30-year Design-Build-Finance-Operate-Maintain (DBFOM) contract
- Hail International Airport - develop the airport and service facilities in accordance with the standards approved by the International Civil Aviation Organisation (ICAO).
- Prince Naif International Airport - develop the airport in line with ICAO standards and increase its capacity