Crown Prince Announces KSA Airport Plans
According to Crown Prince Mohammed bin Salman bin Abdulaziz, Saudi Arabia is planning to construct one of the world’s biggest airports, which will be a tremendous boost for the kingdom’s desire to become a worldwide center for commerce and tourism. The airport is expected to be completed in the next few years.
The King Salman International Airport in Riyadh will feature six parallel runways, and it is anticipated that it would contribute SR27 billion ($7.18 billion) yearly to the non-oil portion of Saudi Arabia’s GDP.
The present annual passenger flow in Saudi Arabia is 29 million, but that number is expected to grow to 120 million by 2030 and 185 million by 2050 thanks to the new airport. Additionally, the number of flights in the Kingdom is expected to increase from 211,000 to more than 1 million per year.
According to the Saudi Press Agency, the new airport will be designed with sustainability at its heart and will earn LEED Platinum certification by integrating cutting-edge green efforts into its design. Additionally, the airport will be fueled by renewable energy.
The construction, which is going to be constructed by the Public Investment Fund, is going to encompass the current terminals that are named after King Khalid and will have the capability to handle 3.5 million tons of cargo by the year 2050.
According to the SPA study, it will evolve into an aerotropolis that places an emphasis on providing a frictionless experience for customers, maintaining operations of world-class efficiency, and fostering innovation. In order to provide tourists and those in transit with an experience that is really one of a kind, the identity of Riyadh and the culture of Saudi Arabia will be taken into account while designing the airport.
SPA stated that “the airport project is in line with Saudi Arabia’s goal of transforming Riyadh to be among the top ten city economies in the world and to support the growth of Riyadh’s population to 15–20 million people by 2030.” “The airport project is in line with Saudi Arabia’s vision to transform Riyadh to be among the top ten city economies in the world and to support the growth of Riyadh
In addition, it was said that King Salman Airport will result in the creation of 103,000 employment, both directly and indirectly.
PIF’s aviation dept is getting hefty funds to create an eco – system of cargo and passenger airlines, repair companies, and airports, according to a person familiar with the plans who spoke to Reuters. PIF did not give specifics on the planned investments, but a person familiar with the plans said that PIF’s aviation department is getting the funds.
According to the transportation plan that calls for the development of the two hubs, the national airline Saudia, which has been in operation for 77 years, would make Jeddah, a city on the Red Sea, its home base.
Already, the monarchy is in discussion with aircraft manufacturers Airbus SE and Boeing Co. over the possibility of making orders for Saudia and RIA.
The news was made the night before the World Travel and Tourism Global Summit, which is scheduled to get underway in Riyadh on November 28.
“Travel for a Better Future” is the overarching subject of the global conference that is now taking place at the King Abdul Aziz International Conference Center in Saudi Arabia. It is believed to be one of the most significant tourist events that takes place throughout the year.
During the course of the event, those in charge of the travel and tourism sector will discuss its future as well as the challenges that need to be overcome in order to make it a more sustainable business that is also safer, more resilient, and more inclusive.