Matarat Holding, NCP call for EOI for New Taif International Airport

Matarat Holding Co. and the National Center for Privatization (NCP) launched an expression of interest (EOI) phase for the New Taif International Airport project, inviting private sector parties to participate under a public-private partnership model (build, transfer, operate).

The contract will extend for 30 years, including the construction period.

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 scope of the project, under the build, transfer, and operate (BTO) model, includes a runway for aircraft with a parallel corridor extending the entire runway, including exits for quick departures.

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, in addition to parking lots and roads leading to the departure lounge to achieve standard operation of the airport.

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

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

Matarat and NCP invited interested investors to view the request for expression of interest (RFI) document containing project information by visiting the NCP website (www.ncp.gov.sa). The application submission phase ends on Jan. 10, 2025.