Saudi Arabia is set to build one of the world’s largest airports in what will be a huge boost for the Kingdom’s ambition to become a global hub for trade and tourism, according to Crown Prince Mohammed bin Salman bin Abdulaziz.
The King Salman International Airport, located in Riyadh, will have six parallel runways, and is expected to contribute SR27 billion ($7.18 billion) annually to Saudi Arabia’s non-oil gross domestic product.
The airport will help drive annual passenger traffic in Saudi Arabia from the current 29 million to 120 million travelers by 2030 and 185 million by 2050, with aircraft traffic in the Kingdom increasing from 211,000 to more than 1 million flights per year.
With sustainability at its core, the new airport will achieve LEED Platinum certification by incorporating cutting edge green initiatives into its design and will be powered by renewable energy, according to the Saudi Press Agency.
The development, set to be built by the Public Investment Fund, will include the existing terminals named after King Khalid, with the capacity to process 3.5 million tons of cargo by 2050.
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