Saudi Arabia restructures Prince Mohammad Bin Adbulaziz International Airport BOT
The concession agreement has been restructured for the Madinah airport concession in Saudi Arabia. International Finance Corporations (IFC) was the original Lead Transaction Advisor for the PPP project to develop and maintain the Prince Mohammed Bin Abdulaziz International Airport in Madinah for Saudi's General Authority of Civil Aviation (GACA).
The concession was awarded in 2011 to a consortium led by Al Rajhi Holdings Group. However, the passenger numbers dropped from 8 to 2 million a year due to the COVID-19 pandemic. The consortium could not meet its obligations, and the authority has decided to preserve the concession. This will allow the continued provision of services and expansion at the airport.
Country updates
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April 25, 2022
14 bidders pre-qualified for Rayis – Rabigh Independent Water Transmission Pipeline PPP
Saudi Water Partnership Company (SWPC) has pre-qualified 14 bidders for the development of the Rayis – Rabigh IWTP PPP project in the state of Makkah. The pipeline will have a transmission...
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April 25, 2022
22 bidders pre-qualified for Jubail – Buraydah IWT Pipeline PPP project
The Saudi Water Partnership Company (SWPC) has pre-qualified 22 companies for the Jubail- Buraydah IWTP project. The 603 km long potable independent water transmission pipeline (IWTP) will connect Jub...
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20 bidders shorlisted for Riyadh – Qassim IWT Pipeline PPP project
The Saudi Water Partnership Company (SWPC) has shortlisted 20 bidders for the Riyadh –Qassim IWT Pipeline PPP project. The pipeline has a transmission capacity of up to 685,000 cubic m...
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April 13, 2022
RFQ issued for site supervision servises for water projects in Saudi Arabia
The Saudi Water Partnership Company (SWPC) has issued the Request for Qualifications (RFQ) looking for an engineering consultancy firm to provide supervision and contract management for Independe...
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March 31, 2022
Two bids in for wastewater treatment plant PPP project in Ras Tanura
Saudi Arabian Oil Company (Aramco) has received two bids for the development of independent wastewater treatment plant (IWTP) in Ras Tanura complex. The plant will have an initial capacity of 18...
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