Saudi airport privatisation ramps up as oil prices continue to fall
A vigorous programme of airport privatisation is under way in Saudi Arabia, led by the General Authority of Civil Aviation (GACA) and starting with the King Khaled International Airport in Riyadh, where the process has begun this year. GACA has also let it be known that the privatisation of the Jeddah and Dammam airports is targeted for conclusion in 2017, with domestic and local airports expected to follow between 2018 and 2020.
This report examines the background to this decision, which comes at the same time as Iran is seeking to attract foreign investors to its transport sectors, and also the attractions of the main individual airports. Politics will have a major role to play.
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