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Changi Airports International consortium to run Saudi Arabia's King Abdulaziz International Airport
A CONSORTIUM led by Changi Airports International (CAI) has been selected by Saudi Arabia's General Authority of Civil Aviation (GACA) to be the winning bidder for the King Abdulaziz International Airport (KAIA) in Jeddah.
The consortium will operate and manage KAIA over a 20-year concession.
Lim Liang Song, CEO of CAI, said that this is testament to the "strong partnership" with GACA, from when it first started managing Dammam airport eight years ago. "We look forward to developing KAIA into a world-class hub, to serve the residents and visitors of Jeddah and Saudi Arabia," he said in a press statement.
KAIA is the main airport in Jeddah and the busiest in Saudi Arabia. The city is a main commercial centre for Saudi Arabia and the main gateway to Mecca.
CAI is a wholly owned subsidiary of the Changi Airport Group.