Privatization of aviation sector to boost Saudi-US ties

Privatization of aviation sector to boost Saudi-US ties
CEO of Al-Salem Johnson Controls (YORK) Dr. Mohanad Al-Shaikh
Updated 29 July 2018
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Privatization of aviation sector to boost Saudi-US ties

Privatization of aviation sector to boost Saudi-US ties

CEO of Al-Salem Johnson Controls (YORK) Dr. Mohanad Al-Shaikh said that plans to privatize the aviation sector in the Kingdom will provide promising investment opportunities for solution providers to develop all aspects of airport infrastructure in the Kingdom. By 2020, the General Authority of Civil Aviation (GACA) will privatize 11 airports as well as specialized aviation services sectors in the areas of airport construction, operation, technical and air navigation systems.
Dr. Al-Shaikh’s comments were made during a meeting with Abdulhakim bin Mohammed Al-Tamimi, president of the GACA, organized by the US-Saudi Business Council (USSABC) on June 28 in Washington, DC to discuss the modernization and privatization of the aviation sector in the Kingdom as an economic and developmental driving force.
He further added that the visit carries a strategic dimension for both countries, especially in light of the promising investment opportunities in the civil aviation sector.