Saudi Arabia to debate future airport developments

Airport developments and investment are under a sharp focus with renewed vigour and vitality in Saudi Arabia, which is projected to have the fastest passenger traffic growth until 2040.

A decade before that the aviation sector will deliver US$75 billion to the Gross Domestic Product (GDP) of the world’s 13th largest country by area and the second largest in the Arab world with a population of over 36 million.

Saudi Arabia has been featured on the list of the global airport construction market that is projected to reach US$1.4 trillion by 2026, even as airport and airline managements look at new ideas and partnerships to leverage the industry’s huge growth potential after the pandemic brought the aviation sector to a standstill over the previous two years.

The role of aviation in achieving Saudi Vision 2030; Preparing the Kingdom’s Air Transport Strategy for the Next Decade; Stakeholder collaboration to achieve the Saudi Aviation Strategy; Pioneering aviation sustainability in the oil-rich kingdom and Digital Disruption and Innovation in the Aviation Sector will be amongst the widely debated topics at the two-day Future Airport Development and Investment Summit taking place alongside the Saudi Airport Exhibition to be held at Al Faisaliah Hotel in Riyadh on November 7 and 8.

The Summit will host over 300 delegates who will get to hear from key industry leaders including Mohamed Yousif Al Binfalah, Chief Executive Officer, Bahrain Airports Company; Lorenzo di Loreto, Managing Director, Munich Airport International; Capt Rabiu Yadudu Hamisu, Managing Director/CEO, Federal Airports Authority of Nigeria; Andrew H.W. TAN, Director and Head, Airport Operations Consultancy, Changi Airports International; Curtis Grad, Partner, President & CEO, Modalis Infrastructure Partners Inc.; Kashif Khalid, Regional Director – Middle East & Africa, IATA; Michael Schneider, Executive Vice President of Airports, Siemens Logistics; Joseph Stratford, Project Executive Director, Airport Projects Delivery, The Red Sea Development Company (TRSDC) and Frederico Fernandes, Managing Director GCC, Vports, amongst other experts from Egis, Serco, SITA, AECOM and Oliver Wyman.

 

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