Published On: Wed, Jul 19th, 2017

Turkish airport operator TAV expands its operations in Saudi Arabia




TAV, Turkish airport operating company has signed an agreement for operation of three airports in Saudi Arabia. The company signed a contract with the civil aviation authority to operate three airports in partnership with Saudi Arabia’s Al Rajhi Group. TAV will operate for 30 years airports in central Qassim province, the northwestern part of Ha’il province and the western port city of Yanbu.

It was mentioned in a statement by TAV management that the number of airports operated by the company would reach 17 and the number of passengers served would go up to 11.5 million with Qassim and Ha’lan airports. TAV is known for its investments in different parts of the world and especially in developing countries.

Regarding the projects TAV Airports President & CEO Sani Şener said: “TAV has become one of the world’s highly-preferred brands thanks to the know-how acquired in airport construction and operation business. TAV’s success in the Madinah Airport project, which was the first airport privatization project in Saudi Arabia, opened new doors in this country. In the last two months, TAV has been selected by the Civil Aviation Authority of Saudi Arabia for the development and operation of three more airports. With the addition of Qassim and Hail to our portfolio, the number of passengers in Saudi Arabia will increase to 10.5 million per annum; while the number of passengers at all airports abroad will reach 25 million. TAV has its signature in the capital city airports of six countries in the Gulf Region, which is the most challenging market of the world. We sustain our growth in the region by working in harmony with our local partners. Furthermore, we continue seizing the opportunities at various regions worldwide.”

SOURCE: MEDIA





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