RIYADH — The General Authority of Civil Aviation (GACA) and Matarat Holding Company, announced Wednesday the completion of the institutional transformation of 25 of the Kingdom’s airports, and the launch of (Jeddah Airports Company) and the (2nd Assembly Company).
The launch was held in a ceremony held by the Matarat Company, an affiliate of GACA, at the Ritz-Carlton Hotel in the capital city of Riyadh, under the patronage of Minister of Transport and Logistics Services Eng. Saleh Bin Nasser Al-Jasser in the presence of a number of officials.
The announcement of the institutional transformation of airports and assigning their operation to the private sector comes in the implementation of the royal decree to separate the legislative aspect from the operational one.
It also reflects the practical steps applied for one of the objectives of the civil aviation sector strategy approved by the Council of Ministers to develop Saudi airports, and raise their operational efficiency, to provide the best and finest services to the passengers.
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