In a bold move to solidify its standing in the global aviation landscape, Saudi Arabia has announced a groundbreaking $100 million investment plan aimed at accommodating a staggering 356 million passengers. The revelation came from Abdulaziz Al-Duailej, the president of the Kingdom’s General Authority of Civil Aviation, during the 15th International Conference on Air Services Negotiations in Riyadh. Al-Duailej emphasized the comprehensive nature of the strategy, encompassing the development and enhancement of all aviation sectors, logistics services, cargo services, and other support services. This substantial financial injection aligns with Saudi Arabia’s Vision 2030 and its ambitious goal of becoming a prominent player in the international aviation arena.
At the conference, Al-Duailej outlined strategic objectives, including the establishment of Riyadh and Jeddah as central hubs and plans to connect with 250 international destinations by 2030. The announcement received praise from Salvatore Sciacchitano, President of the International Civil Aviation Organization, who commended Saudi Arabia’s dedication, emphasizing its potential to foster global connectivity and economic growth. Saudi Minister of Transport and Logistic Services Saleh Al-Jasser highlighted the broader impact of the civil aviation strategy, emphasizing its role in enhancing transportation, fostering relationships, facilitating trade, and opening doors to Arab tourism. This $100 million investment is a pivotal moment in Saudi Arabia’s journey to shape the future of air travel and establish itself as a global leader in the aviation industry.