The Board of Directors at the Saudi General Authority of Civil Aviation (GACA) is looking to privatize the Kingdom's airports, a report said.
At a recent meeting in Riyadh, which was presided by GACA Chairman Sulaiman Alhamdan, the board highlighted its ambitious plan to convert the airports into financial powerhouses that offer the highest quality of services to the travellers, said a report in Arab News.
They reviewed the latest projects at King Abdulaziz International Airport in Jeddah, King Khaled International Airport in Riyadh and King Fahd International Airport in Dammam, and also the reports on safety, security sector, air transport and central services sector, it said.
The initiative is part of the Board’s support to Vision 2030, which seeks to transform the entire state into a new country that ranks high among the developed nations.
Other officials at the meeting included Abdullah Aljarbou, planning adviser at the Ministry of Economy and Planning and the Undersecretary of Planning and Follow up at the Ministry of Transport; Faisal Alzaben, Adviser to the Ministry of Commerce and Industry; and General Supervisor of Information Technology Majed Albawardri, among others.