Origin Country
Saudi Arabia

airport deal

Saudi Arabia - Taif

Operator // General Authority of Civil Aviation

Overview

Overview

In April 2023, the National Center for Privatization (NCP), unveiled the plans to privatize Taif Airport in Saudi Arabia under the Public-Private Partnership (PPP) model as part of a bigger pipeline of 200 privatisation and PPP projects across 17 sectors. The projects will be procured by Ministry of Transport and Logistic Services, according to details shared by NCP. 

The capacity of the current airport at Taif is 600,000 passengers per annum. The targeted capacity for the new airport, which will be procured under a 30-year Design-Build-Finance-Operate-Maintain (DBFOM) contract type, will target an annual passenger handling capacity of 4 million by 2030 and 7.4 million by 2053. 

 

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Passengers

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Movements

N/A

Cargo (tonnes)

Included Airports

Airports

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Saudi Arabia

1 airport

Transaction Stage

Stage

Stage 1 — Complete

Deal Structuring & Market Sounding

Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.

Stage 2 — In progress

Due Diligence & Bid/Offer Development

Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.

Stage 3 — Pending

Award, Financial Close & Transfer

Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.

Deal Information

Information

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