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Suudi Arabia

Madinah Airport

AV Airports signed a contract with GACA, the Civil Aviation Authority of Saudi Arabia, together with Al Rajhi and Saudi Oger for the build-operate-transfer project of the Madinah Airport, the first airport privatization of Saudi Arabia. The Consortium, which started to operate Madinah Airport in June 30th, 2012, completed the construction of a state-of-the-art passenger terminal in February 2015. Within the scope of the project with an investment of approximately 1.2 billion USD, the passenger terminal came into service in April 2015. The capacity of Madinah Airport will be increased to 8 million passengers per year from the existing capacity of 5.7 million passengers in 2014, through the construction of a new terminal building, apron and fast exit roads, after which capacity will be further increased to 16 million passengers per year prior to the expiry of the concession period. The Consortium has the operation rights of Madinah Airport for 25 years. Madinah Airport has become the first Leadership in Environmental Friendly Design (LEED) certificated building given by the United States Green Building Council (USGBC) in the MENA region.