Monday, January 20, 2025 The General Authority of Civil Aviation (GACA) in Saudi Arabia was reported to be hosting an investment showcase at Saudi House, located on the sidelines of the World Economic Forum Annual Meeting in Davos. This event aimed to present a vision for the country’s rapidly growing aviation sector and is poised to unlock more than $100 billion in investment opportunities across a range of areas including airports, airlines, ground services, cargo, and logistics. $100 Billion Investment in Aviation At the heart of the showcase, the focus was on the substantial investment opportunities within Saudi Arabia’s aviation industry.
GACA representatives highlighted how the kingdom was striving to attract more than $100 billion into its aviation sector. This figure included a diverse array of projects and incentives aimed at accelerating growth across key areas. The major portion of this investment – approximately $50 billion – was directed towards airport infrastructure.
Additionally, new aircraft orders were valued at around $40 billion, and the remaining $10 billion was designated for other ventures. These included $5 billion allocated for the development of special logistics areas around the three primary airports in Riyadh, Jeddah, and Dammam. Key Panel Discussions at Saudi House During the event, two high-level panel discussions were set to take place, bringing together key players from the aviation sector.
Among the participants was Dr. Abdullah Aldub.
