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Saudi government to provide USD1.4 billion in funding to airports

26-Mar-2009

The Saudi Government plans to provide USD1.4 billion in funding for airport development this year, including projects involving capacity expansion at Jeddah’s King Abdulazziz International Airport (KAIA), modernisation works at Medina and Taif airports and other projects. The funding is part of the government’s overall plans to boost economic development and tourism in the country. [448 words]

Unlock the following content in this report:

Subheadings:

  • Al Ula Airport project to be completed in 2010
  • Construction at Najran Airport commences

Graphs and data:

  • Saudi Arabia passenger traffic growth: 1998 to 2007
  • Jeddah King Abdulaziz International Airport traffic: 1997 to 2007
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