Saudi Arabia boasts on its younger population and its aviation strategy includes the expansion of existing airports and a focus on two large mega hubs in Riyadh and Jeddah, as well as plans to set up a new national carrier.
This year the Kingdom relaunched the privatization of its airports to support the diversification of its oil-dominated economy. The ownership of 29 airports has already been moved to a new entity to prepare them for the process.
The Middle East's largest aviation market will see the fastest passenger traffic growth in the Middle East until 2040 and has unveiled plans for a US$147 billion expansion of its transport sector. In May 2022, Saudi Arabia launched its friendly visa policy that will fuel Vision 2030 and help generate around US$100 billion in aviation sector investment by the end of the decade.
To present this vision at a global platform, Saudi Airport Exhibition is scheduled to be held in Riyadh on 7th & 8th Nov 2022 which will feature multiple platforms for attendees to learn from global industry leaders, view the latest technologies from around the world and build new partnerships to enhance their own business.
The event will also provide a critical platform to host bilateral discussions between Saudi aviation leaders and the global supply chain to enhance the Kingdom's airports industry, as well as promote Saudi government and commercial entities to global attendees, thus directly contributing to Saudi Arabia's GDP.
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Denne historien er fra November - December 2022-utgaven av Aviation World.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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