JEDDAH: The General Authority of Civil Aviation (GACA), in cooperation with the Saudi-American Business Council, organized a roundtable meeting with major UK civil aviation companies.
The meeting discussed the Saudi aviation sector and possible investment opportunities in it. Representatives of relevant departments at GACA met with more than 60 representatives of Saudi and British companies.
GACA President Abdul Hakim Al-Tamimi delivered a speech in which he reviewed investment opportunities in the Saudi aviation sector in light of a rise in air traffic and the number of infrastructure projects being implemented.
A wide variety of investment opportunities regarding airport operation and the provision of advanced consultancy services was discussed.
He stressed GACA’s eagerness to strengthen the Saudi civil aviation industry and harness the required capabilities to keep pace with steady growth in air transport in the Kingdom, so as to attract international companies to invest in airport infrastructure and services.
GACA is striving to make the Kingdom a global logistics center linking three continents and receiving more than 30 million pilgrims by 2030, Al-Tamimi said.
During the meeting, companies were briefed on the development of the investment environment in the Kingdom, and on investment opportunities in the aviation sector.