SAUDI AIRPORT AUTHORITY RELEASES INFORMATION ON PRIVATISATION PLANS
August 1st, 2017
THE GENERAL Authority of Civil Aviation in Saudi Arabia has released information about how it plans to privatise all the kingdom’s 27 airports. It has said it will transfer control to companies owned by the Saudi Civil Aviation Holding Co, whose ownership will be given to Saudi Arabia’s Public Investment Fund (PIF), which will handle further sales. These for King Abdulaziz International Airport, at Jeddah, and King Fahd International Airport, Dammam, are scheduled to be completed this year (2017), with Singapore's Changi Airport Group in April signing a ...
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