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Plans to build three new airports
RIYADH, 25th March 2001

    Prince Abdullah ibn Faisal ibn Turki, governor of the General Investment Authority, said that the Kingdom planned to build three new airports taking the total number in the country to 35.

  Prince Abdullah, who was addressing a seminar on investments in Saudi Arabia in Tokyo on Thursday, did not specify the locations of the projected airports.

  According to a private source, the authorities in the Kingdom have been studying the feasibility of constructing of an airport at Al-Ola, close to the archeological tourist center of Madain Saleh, in the Madinah Province. The source added that the study also included the development of airports in Tabuk, Jizan, Bisha, Yanbu and Najran.

  Earlier, a decision was taken to construct an airport in Al-Dawadami on the Riyadh-Hijaz road. The sources did not rule out the possibility of expanding the Al-Kharkhir air base and opening it for civilian traffic. The Kingdom with 32 airports currently has the busiest air network in the Middle East. The roads linking cities and airports in the Kingdom are also in excellent shape.

  Prince Sultan, second deputy premier and minister of defense and aviation, last August signed several contracts to operate and maintain a number of regional and local airports for three years at a total cost of SR556 million. These contracts also included the development of the King Abdul Aziz International Airport in Jeddah.

  In his speech to Japanese businessmen and officials, Prince Abdullah underscored the new investment opportunities in the Kingdom and urged businessmen to exploit them in earnest. The investors will receive support and cooperation from the authorities, he said, adding that the government is prepared to introduce new regulations governing privatization and investment in the country.

Source: ArabNews®

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25 March 2001 03:47:22 PM

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