The Saudi General Authority of Civil Aviation (GACA) has awarded Nesma and Partners Contracting Co. a contract worth SAR 840 million to implement the Qunfudah airport project.
Nesma won the deal among other eight bidders, the aviation market regulator said in a tweet.
Located 25 kilometers north of Qunfudah, the 24 million square meters airport will be developed in two years, and will accommodate 500,000 passengers annually.
In 2016, the Saudi government allocated land for the new economic airport at Qunfudah in the north area of Makkah province, which will be built on a build-transfer-operate (BTO) system, according to earlier news reports.
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