{"id":84650,"date":"2024-03-24T00:00:00","date_gmt":"2024-03-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/24\/madinah-airport-expansion-will-see-it-get-more-cargo-capacity\/"},"modified":"2024-03-24T00:00:00","modified_gmt":"2024-03-24T00:00:00","slug":"madinah-airport-expansion-will-see-it-get-more-cargo-capacity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/24\/madinah-airport-expansion-will-see-it-get-more-cargo-capacity\/","title":{"rendered":"Madinah airport expansion will see it get more cargo capacity"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>SAL, Tibah Airport partner up to boost cargo capacity at Madinah airport:<\/strong>Cargo firm SAL Saudi Logistics Services signed a 16-year cooperation agreement with private airport operator <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/tibahairports\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">Tibah Airports<\/a> to establish and develop a new air cargo terminal at Madinah\u2019s Prince Mohammad Bin Abdulaziz International Airport, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2071875\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reported on Friday. Under the agreement, SAL will pour over SAR 12 mn in investments for the new cargo terminal to help boost capacity and operational efficiency. Tibah Airports is Madinah\u2019s airport operator.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that\u2019s not all:<\/strong> National carrier Saudia signed an agreement with Tibah Airports to expand Madinah airport\u2019s operation capacities through linking the city with the world\u2019s cities, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2071400\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reported earlier.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The airport is seeing an overhaul:<\/strong> The second phase of the airport\u2019s expansion work <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2071400\" style=\"\" rel=\"noopener\">launched last week<\/a> as officials look to more than double the capacity to 17 mn travelers by 2027. The SAR 1.2 bn second phase is being carried out by a consortium that includes Turkish airports contractor TAV Construction and local Al Arrab Contracting.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All under a privatization push:<\/strong> The General Authority of Civil Aviation (GACA) <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-30\/saudi-loosens-airport-regulation-in-100-billion-investment-push?embedded-checkout=true\" style=\"\" rel=\"noopener\">announced last<\/a><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-30\/saudi-loosens-airport-regulation-in-100-billion-investment-push?embedded-checkout=true\" style=\"\" rel=\"noopener\">year<\/a> a USD 100 mn privatization plan for the se sector in a bid to boost competition. The plans see GACA allowing the privatization of airports and ground-handling operations among other facilitations for the private sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAL will invest over SAR 12 mn for the new cargo terminal<\/p>\n","protected":false},"author":1,"featured_media":84651,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2640],"tags":[10,1581,238,1579,2777,2766,1580],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-enterpriseam-ksa","tag-general-authority-for-civil-aviation-gaca","tag-logistics","tag-prince-mohammad-bin-abdulaziz-international-airport","tag-sal-saudi-logistics-services","tag-saudia","tag-tibah-airport","wpautop","entry"],"acf":{"mongo_id":"0fa6b973-ab95-43d0-a0a8-aab0789c94b2","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/2058.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Madinah airport expansion will see it get more cargo capacity","related_issue":[84640],"teaser":"SAL will invest over SAR 12 mn for the new cargo terminal","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.3d7b890e-6930-4a57-b3df-257f615ae143.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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