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6-Dec-2024 5:51 AM

Matarat issues EOIs for new Taif International Airport

Saudi Airports Holding Company (Matarat) invited (03-Dec-2024) expressions of interest (EOI) for the development, ownership and management of the new Taif International Airport under a 30 year public-private partnership (PPP) model agreement. The tender was issued in partnership with the National Centre for Privatisation & PPP. The new airport will be located 21km southeast of the existing Taif Airport and will be able to accommodate 2.5 million passengers p/a by 2030. Submissions are set to close on 10-Jan-2025. [more - original PR]

Background ✨

Saudi Arabia's General Authority of Civil Aviation previously announced an increase in Taif Airport's capacity to accommodate four million passengers annually by 2030, with further scalability to 7.4 million by 2053 under a 30-year design-build-finance-operate-maintain contract1. Additionally, Taif Airport was part of a USD1 billion privatisation programme reinvigorated in 1Q2024, alongside Abha Airport, potentially attracting foreign investors due to favourable legal changes2.

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