Matarat Holding, NCP seek EOI for new Taif International Airport

Logo of Matarat Holding Co.

Matarat Holding Co. and the National Center for Privatization & PPP (NCP) are seeking an expression of interest (EOI) for the new Taif International Airport project.

The public-private partnership (PPP) project is being procured under a 30-year build, transfer and operate (BTO) model.

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Located in the city of Taif, 21 km southeast of the current airport, the new airport will operate with an initial capacity of up to 2.5 million passengers by 2030.

The project scope includes a runway, taxiways, an apron for aircraft stands, a new passenger terminal, buildings, and other facilities for the airport.

The airport will include a fully equipped departure lounge to accommodate the expected demand for the airport, in addition to other facilities such as service buildings and various utility networks. It will also include parking lots and roads leading to the departure lounge to achieve standard operation of the airport.

According to an official statement, the new airport will help fulfill the expected increasing demand for the airport by 2055, and it is expected to meet demand for Umrah with sufficient capacity.

This is in addition to driving economic development in Taif city and its neighboring areas while playing a key role under the framework of the National Aviation Strategy as an efficient and high-quality institutional airport.

Matarat and NCP invited interested investors to view the EOI request document containing project information through the NCP website (www.ncp.gov.sa). The application submission will end on Jan. 10, 2025.