Riyadh’s King Salman airport signs project MoU
17 September 2025
King Salman International Airport Development Company (KSIADC) has signed a memorandum of understanding (MoU) with Riyadh Infrastructure Projects Centre to collaborate on the development of King Salman International airport (KSIA) in Riyadh.
The agreement will enable the exchange data and knowledge between the entities, as well as joint planning and integrated coordination across all phases of the KSIA project.
According to an official statement: "The agreement will support mechanisms for institutional alignment, sharing best practices in project and infrastructure management, overcoming challenges and advancing sustainability initiatives in compliance with environmental standards."
The MoU was signed on the sidelines of the Global Infrastructure Forum, being held in Riyadh on 15-17 September.
"The partnership sets a framework for joint efforts between both entities to drive innovation and operational excellence across infrastructure projects, supporting joint initiatives aligned with Saudi Arabia’s national development priorities and the objectives of Vision 2030," the statement added.
KSIADC is preparing the delivery of several key components of the KSIA project. In August, MEED exclusively reported that KSIADC had invited contractors to submit their best and final offers for the first phase of Terminal 6 and the Iconic Terminal.
The client plans to deliver the package on an early contractor involvement basis.
Project scale
The KSIA project covers an area of about 57 square kilometres (sq km), allowing for six parallel runways, and will include the existing terminals at King Khalid International airport. It will also include 12 sq km of airport support facilities, residential and recreational facilities, retail outlets and other logistics real estate.
If the project is completed on time in 2030, it will become the world’s largest operating airport in terms of passenger capacity, according to UK analytics firm GlobalData.
The airport aims to accommodate up to 120 million passengers by 2030 and 185 million by 2050. The goal for cargo is to process 3.5 million tonnes a year by 2050.
Saudi Arabia plans to invest $100bn in its aviation sector. Riyadh’s Saudi Aviation Strategy, announced by the General Authority of Civil Aviation, aims to triple Saudi Arabia’s annual passenger traffic to 330 million travellers by 2030.
It also aims to increase air cargo traffic to 4.5 million tonnes and raise the country’s total air connections to more than 250 destinations.
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The request for qualifications (RFQs) was issued by the municipality’s Sewerage and Recycled Water Projects Department (SRPD).
The bid submission deadline is 26 February.
The first scheme under the package is TF-16-C1, which involves upgrading and rehabilitating the stormwater system east of the Dubai Canal.
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Modon tenders Ras El-Hekma construction contracts
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Abu Dhabi-based developer Modon Holding has tendered several contracts as part of the first phase of development at Ras El-Hekma, a planned new city on Egypt’s Mediterranean coast.
MEED understands that the tenders were issued in January.
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DP3 assets: covering 146 residential villas, 590 three-bedroom townhouses, 356 four-bedroom townhouses, a mall and other associated works.
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Modon has accelerated development works at Ras El-Hekma this year. In January, MEED reported that Modon Holding had awarded a E£15bn ($316m) contract for the construction of a project at Ras El-Hekma.
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The signing ceremony was held at the Aqaba Special Economic Zone Authority headquarters in Aqaba on 5 February.
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Aqaba port handles about 80% of Jordan’s exports and 65% of its imports.
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In 2025, the terminal handled over 5.3 million tonnes of cargo and nearly 85,000 car equivalent units of Ro-Ro imports.
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The announcement followed AD Ports Group’s signing of a shareholders’ agreement in January 2024 between its digital arm, Maqta Gateway, and Jordan’s Aqaba Development Corporation regarding their existing joint-venture company, Maqta Ayla.
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Chinese firm wins Ceer automotive supplier park deal
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Beijing-headquartered Metallurgical Construction Corporation (MCC) has won a contract to undertake the steel structure works on the Ceer automotive supplier park in King Abdullah Economic City (KAEC).
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