Saudi Arabia’s Matarat Holding, working with the National Center for Privatization & PPP (NCP), has announced a shortlist of major regional and international firms competing to deliver the New Taif International Airport—a key aviation privatization project tied to the Kingdom’s Vision 2030 agenda.
Planned 21km southeast of the current Taif airport, the new facility is designed to handle 2.5 million passengers by 2030. The project will be delivered under a Build-Transfer-Operate (BTO) model, granting the successful bidder a 30-year period to build, transfer, and operate the airport.
Strong competition after prequalification round
Matarat said the prequalification stage drew significant interest from airport operators, investors, and infrastructure developers—highlighting both the project’s strategic value and confidence in Saudi Arabia’s aviation privatization program.
Earlier reports indicated 90 companies expressed interest, including 46 local firms. After evaluation, Matarat confirmed four consortia and one standalone company have advanced to the next phase:
- Kalyon İnşaat + AlBawani Capital
- MADA International Holding + TAV Airports
- Tamasuk + Bengaluru International Airport
- Vision Invest + Asyad + daa International
- GMR (standalone bidder)
What the winning bidder will deliver
The selected developer will be responsible for building a full new airport ecosystem, including runways, taxiways, aircraft stands and apron areas, a passenger terminal, and the supporting buildings, systems, networks, and operational facilities required to run the airport.
Matarat noted the project supports Vision 2030, alongside Saudi Arabia’s National Transport and Logistics Strategy and National Aviation Strategy, aimed at positioning the Kingdom as a global logistics hub connecting three continents.