Prince Naif Airport PPP: Six Consortia Qualify for 30-Year Saudi Expansion

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Matarat Holding, in collaboration with Saudi National Center for Privatization & PPP (NCP), has announced that six leading consortia and companies have qualified for the Prince Naif Bin Abdulaziz International Airport PPP Project. This project showcases Saudi Arabia’s institutions active participation in the development of airport infrastructure both locally and globally.

The qualification represents a key milestone in the kingdom’s plans to develop and modernise the airport through a public-private partnership (PPP) model.

Location

The project is located 25km from Buraidah in the Qassim region. Moreover, it is planned under a 30-year contract period, including the construction phase, and is aimed at enhancing the airport’s infrastructure, operational efficiency and passenger services.

List of the Qualified Consortia

The list of bidders comprises leading Saudi and international airport operators, infrastructure developers, investors and engineering companies. These include Indian group GMR Airports which has qualified as a standalone bidder for the Prince Naif Bin Abdulaziz International Airport project. The others are:

A consortium comprising Egis, YDA, Safari and Lamar Holding, bringing together international engineering and airport development capabilities with Saudi investment and infrastructure expertise.

Consortium of Ports Projects Management & Development Company and Al Gihaz Holding, combining project development, engineering and infrastructure capabilities.

Another, Consortium comprising Tamasuk, Oman Airports, Namaya and Al Bawani Capital, combining airport operating experience with investment and infrastructure development capabilities.

Consortium comprising Vision Invest, Asyad and daa International, combining Saudi investment capabilities with regional logistics expertise and international airport management experience and

Consortium of Turkish group TAV Airports, a member of Groupe ADP, and Mada International Holding.

According to NCP, the Prince Naif Bin Abdulaziz International Airport project is being developed as a long-term PPP project.

Scope

Scope of work for the winning bidder includes design, financing, construction, transfer, operation and maintenance of the airport.

The project includes a passenger terminal, supporting airport facilities and upgrades to key airside infrastructure, including the runway, taxiways and aircraft aprons.

The development is aimed at expanding airport capacity and improving operational efficiency and passenger services to meet future aviation demand in the Qassim region, said NCP in a statement.

Matarat Holding and NCP launched the project’s expression of interest process in February, inviting local, regional and international private-sector companies to participate.

Six groups have now qualified for the next stage of the procurement process, bringing the project closer to the selection of a private-sector partner for the long-term development and operation of the airport, it added.

The development is aimed at expanding airport capacity and improving operational efficiency and passenger services.
The development is aimed at expanding airport capacity and improving operational efficiency and passenger services.

Project Factsheet

Project Name: Prince Naif Bin Abdulaziz International Airport PPP Project

Location: 25 km from Buraidah, Qassim Region, Saudi Arabia

Procurement Authorities: MATARAT Holding & National Center for Privatization & PPP (NCP)

Project Structure: Public-Private Partnership (PPP) / Build-Transfer-Operate (BTO) model

Concession Duration: 30 years (includes design, construction, and operation phases)

Scope of Work

  • Core Responsibilities: Design, finance, construct, transfer, operate, and maintain airport facilities.
  • Terminal and Landside Development: Construction of a modern, fully equipped passenger terminal along with supporting commercial and service facilities.
  • Airside Infrastructure Upgrades: Expansion and upgrades to the runway, taxiways, and aircraft aprons to support larger traffic volume.

Qualified Bidders & Consortia

1. GMR Airports (Standalone bidder — India)

2. Egis / YDA / Safari / Lamar Holding (International engineering + Saudi investment)

3. Ports Projects Management & Development Co. / Al Gihaz Holding (Project development + engineering)

4. Tamasuk / Oman Airports / Namaya / Al Bawani Capital (Airport operations + investment)

5. Vision Invest / Asyad / daa International(Saudi investment + regional logistics + international airport management)

6. TAV Airports (Groupe ADP) / Mada International Holding (International airport operation + Saudi holding)

Strategic Objectives

  1. Support Saudi Arabia’s Vision 2030 and the National Transport and Logistics Strategy.
  2. Increase passenger handling capacity and operational efficiency across the Qassim region.
  3. Expand private sector participation in the Kingdom’s aviation sector.

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