The General Authority of Civil Aviation of Saudi Arabia announced its plans to expand the privatisation programmes in a number of sectors including airports in order to accommodate the rapid growth of passenger numbers.
Sulaiman Al-Hamdan, president of GACA, said that the authority’s move to privatise a number of international and national airports is to improve services and raise quality, noting that it comes under the Saudi leadership’s recommendation to increase the attention given to the air transport industry and give it full support for the continuation of its development, so that it plays its role in the economic and social development of the country and creates job opportunities for citizens.
Sulaiman added that the authority is witnessing an important phase in the opening of the sector to partnership with the private sector where it has had previous successes, such as te Prince Mohammed Bin Abdul Aziz International Airport in Madinah, which is fully managed by the private sector without bearing the state any financial costs, al-Arabiya reports.
Al-Hamdan said that the authority will work to achieve the objectives of the strategy, which involves encouraging investment in all aviation sectors and the privatisation of critical sectors such as airports and air navigation as well as other attractive sectors.
He explained that the work is ongoing to increase the internal movement to cover the growing demand on air travel and to provide high services to travellers and provide good infrastructure the country is seeking through the restructuring of its air transport industry.