Saudi Arabia's Matarat Holding Company, in cooperation with the National Center for Privatization & PPP, has announced that five international consortia have qualified to compete for the development and operation of the new Taif International Airport project.
The project aims to build a modern airport with an initial capacity of 2.5 million passengers a year, including a new, fully equipped passenger terminal to accommodate the expected increase in demand and a runway with a parallel taxiway, as well as service buildings and integrated operational utility networks, according to a post on Matarat Holding's LinkedIn account.
The list of initially qualified consortia and companies includes:
GMR Airports Limited
Kalyon & Al Bawani consortium
Mada International Holding & TAV Havalimanlari Holding A.S consortium
Tamasuk Holding Company & Bangalore International Airport Limited consortium
Vision International Investment Company — ASYAD Holding — DAA International Limited consortium
The new Taif International Airport project is part of initiatives to develop civil aviation infrastructure in the Kingdom, support the expansion of operating capacity at regional airports, and strengthen air and tourism connectivity in line with the goals of Saudi Vision 2030.
To view the post on Matarat Holding's LinkedIn account, click here.
