Saudi Arabia’s Prince Naif bin Abdulaziz International Airport EOI Tender Attracts 89 Local and International Firms

Saudi Arabia’s MATARAT Holding, in partnership with the National Centre for Privatisation and PPP (NCP), has announced that 89 local and international entities have expressed interest in the development of Prince Naif bin Abdulaziz International Airport, also known as Qassim Airport. This initiative is part of a public-private partnership (PPP) model aimed at enhancing the airport’s infrastructure and operations.

Location and Project Overview

Prince Naif bin Abdulaziz International Airport is situated approximately 20 kilometers southeast of Buraidah, the capital of the Qassim region. The expression of interest (EOI) was officially issued on February 9, 2026, with a submission deadline set for February 23, 2026.

The EOI attracted a diverse range of participants, including 55 Saudi companies and 34 international firms. The NCP’s statement detailed the breakdown of these entities, which includes 19 developers, 33 EPC contractors, 13 operators, 11 advisors, 9 equity investors, 3 financial institutions, and one additional category.

Project Scope and Duration

The scope of the project encompasses the comprehensive development and operation of Prince Naif bin Abdulaziz International Airport. This includes design, financing, construction, transfer, operations, and maintenance, all to be executed over a period of 30 years.

Developers

The list of interested developers features prominent companies from various countries:

1. Ports Projects Management & Development Co (PPMDC), Saudi Arabia
2. Tamasuk Holding, Saudi Arabia
3. Makyol İnşaat Sanayi Turizm ve Ticaret, Turkey
4. Al Gihaz Holding Company, Saudi Arabia
5. Alfanar Company, Saudi Arabia
6. Nesma Infrastructure and Technology Company, Saudi Arabia
7. Plenary Group, Australia
8. WCT International, Malaysia
9. Al Bawani, Saudi Arabia
10. Egis Projects, France
11. MADA International Holding, Saudi Arabia
12. Vision Invest, Saudi Arabia
13. Almutlaq Real Estate Investment Company (AREIC), Saudi Arabia
14. Samsung C&T, South Korea
15. SARH Developments Co, Saudi Arabia
16. IC ICTAS Insaat Sanayi Ve Ticaret, Turkey
17. Kalyon Insaat Sanayi ve Ticaret, Turkey
18. Saudi Binladin Group Ltd, Saudi Arabia
19. Lamar Holding, Bahrain

EPC Contractors

The EOI also attracted a range of EPC contractors, including:

1. SkyBridge, United States
2. AVIC – KDN, China
3. Saudi Pan Kingdom Company (SAPAC), Saudi Arabia
4. FAS ENERGY & Infrastructure, Saudi Arabia
5. Alghanim International General Trading & Contracting, Kuwait
6. Abdul Ali Al-Ajmi Co, Saudi Arabia
7. Technical Development Company for Contracting (TDC), Saudi Arabia
8. China Civil Engineering Construction Corporation (CCECC), China
9. Almansouryah General Contracting Co, Saudi Arabia
10. Al Fahd Company, Saudi Arabia
11. YDA Insaat Sanayi Ve Ticaret, Turkey
12. China Harbour Engineering Company (CHEC), China
13. Rowad Modern Engineering (RME), Egypt
14. Abdullah Fahad Al-Khaledi Company for General Contracting (AFAC), Saudi Arabia
15. Shade Corporation Limited, Saudi Arabia
16. Al-Ayuni Investment & Contracting Co, Saudi Arabia
17. SETEC, France
18. International Hospitals Construction Company (IHCC), Saudi Arabia
19. Arkad Engineering & Construction Company, Saudi Arabia
20. Alrawaf Trading and Contracting, Saudi Arabia
21. Abdulrahman Saad Alrashid and Sons (ARTAR), Saudi Arabia
22. Mistacoglu Holding, Turkey
23. Al Jaber Contracting Ltd, Qatar
24. Mounes Mohamed Al Shayeb for Civil Construction (MOBCO), Saudi Arabia
25. Sateaa Al Tameer for Real Estate Development & Investment Co, Saudi Arabia
26. China State Construction Engineering Corporation Ltd (CSCEC), China
27. China Construction Excellence Company, China
28. Safari Company, Saudi Arabia
29. AL Sharif Group Holdings (ASG), Saudi Arabia
30. Nayef Abdulkarim Company Al-Rakhis Contracting Company, Saudi Arabia
31. Al Yamama Company for Trading & Contracting, Saudi Arabia
32. Almabani General Contractors, Saudi Arabia
33. Buna Al Khaleej Contracting, Saudi Arabia

Operators

The list of potential operators includes:

1. Annasban Group, Saudi Arabia
2. Indiza Airport Management, South Africa
3. GMR Airports, India
4. Flynas, Saudi Arabia
5. Bangalore International Airport Limited, India
6. IDEMIA Public Security, France
7. Saudi Ground Services, Saudi Arabia
8. Oman Airports Management Company, Oman
9. Al Qussie International Co, Saudi Arabia
10. Serco Saudi Arabia, Saudi Arabia
11. Al Shams National Global Energy Co, Saudi Arabia
12. daa International Limited, Ireland
13. TAV Airports Holding, Turkey

Advisors

The advisory team comprises:

1. Contrax International DMCC, UAE
2. Tecnica y Proyectos TYPSA for Engineering Services​, Spain
3. Ghesa Ingenieria Y Tecnologia, Spain
4. Pini Group, Switzerland
5. Hill International, United States
6. Walter P Moore Engineering Consultants Company, United States
7. Foster + Partners, UK
8. Arabtech Jardaneh Saudi (AJ Saudi), Saudi Arabia/Jordan
9. Currie & Brown, UK
10. Meinhardt, Singapore
11. Populous Architectural Engineering Company, UK

Equity Investors

The equity investors include:

1. Namaya International Investment Company, Saudi Arabia
2. Zamil Group Investment Company, Saudi Arabia
3. Buhur for investment, Saudi Arabia
4. ASYAD Holding Company, Saudi Arabia
5. IDS Consulting, United States
6. Al Gassim Investment Holding Co, Saudi Arabia
7. Erada Advanced Projects, Saudi Arabia
8. Sumou Global Investment, Saudi Arabia
9. Abrdn Investcorp Infrastructure Partners, Bahrain

Financial Institutions

The financial institutions involved are:

1. Bank Aljazira, Saudi Arabia
2. Arab National Bank, Saudi Arabia
3. Piper Sandler​ Companies, United States

Other Participants

The project also includes:

1. Middle East Tasks Company (METCO), Saudi Arabia

In December 2024, MATARAT issued a Request for Proposal (RFP) to pre-qualified bidders for the privatization, expansion, and improvement of the New Abha International Airport Project.

As reported by www.zawya.com.