Saudi Arabia launches 200 PPP projects
6 April 2023
Saudi Arabia has announced a Privatisation & PPP (P&PPP) pipeline that includes 200 projects across 17 sectors.
This new P&PPP pipeline aims to attract local and international investors and ensure their readiness to participate in the schemes tendered to the market.
The initiative comes as the kingdom strives to increase the attractiveness of its economy and raise the private sector's contribution to GDP.
Minister of Finance and chairman of the Board of the National Centre for Privatisation & PPP (NCP), Mohammed al-Jadaan, said the list of projects aligns with the aims of Vision 2030, reinforces the strength of public-private partnerships (PPPs) and will contribute to attracting new international investments.
The pipeline of projects for each sector will be available for investors through the NCP portal.
Information about the first 140 projects has already been published, and more projects are expected soon.
Four PPP airports projects
In line with Saudi Arabia's aviation strategy to increase the country’s annual passenger handling capacity to 330 million by 2030, the kingdom has announced plans to tender four airports under the P&PPP pipeline: Abha International airport, Taif International airport, Hail International airport and Prince Naif International airport in Al-Qassim.
The Ministry of Transport & Logistics Services will procure the schemes.
The launch dates for the PPP tenders were not specified. However, MEED reported in July 2022 that through NCP, Saudi Arabia’s Matarat Holding Company was expected to start the procurement process to develop airport PPP projects in 2023.
In the initial plan, the Abha and Taif airport PPPs were scheduled to be tendered in the first half of 2023, while the Hail and Qassim airport projects were to be potentially tendered in the second half of 2023.
The P&PPP pipeline list includes:
Abha International airport
The existing Abha International airport is operating above capacity with 4.4 million passengers annually against the originally designed capacity of 1.5 million. The targeted capacity for the new airport is 8.5 million passengers a year by 2030 and 13 million passengers by 2053. The contract type is the build-transfer-operate (BTO) model and the project duration is 30 years.
Taif International airport
The capacity of the current Taif International airport is 600,000 passengers. The targeted capacity of the new airport is 4 million passengers by 2030 and 7.4 million passengers by 2053. The project will be developed under the design-build-finance-operate-maintain (DBFOM) concession; its duration is 30 years.
Hail International airport
This project aims to develop the airport and service facilities following the standards approved by the International Civil Aviation Organisation (ICAO). The targeted airport capacity increase is 3 million passengers a year. The contract type, duration and launch details are not specified.
Prince Naif International airport in Al-Qassim
The scheme involves developing the airport in Al-Qassim in line with ICAO standards and increasing its capacity to 5.3 million passengers annually. The contract type, duration and launch details are not specified.
The Taif, Hail and Al-Qassim airport schemes were previously tendered and awarded as PPP projects using a BTO model.
Saudi Arabia’s General Authority of Civil Aviation (Gaca) awarded the contracts to develop four airport PPP projects to two consortiums in 2017. A team of Tukey’s TAV Airports and the local Al-Rajhi Holding Group won the 30-year concession agreement to build, transfer and operate airport passenger terminals in Yanbu, Qassim and Hail.
A second team, comprising Lebanon’s Consolidated Contractors Company, Germany’s Munich Airport International and local firm Asyad Group, won the BTO contract to develop Taif International airport.
These projects then stalled following the restructuring of the kingdom’s aviation sector.
Saudi Arabia has already privatised airports including the $1.2bn Prince Mohammed bin Abdulaziz International airport in Medina, which was developed as a PPP and opened in 2015.
Four PPP highways schemes
The kingdom has also announced plans to tender four highway schemes under the P&PPP pipeline. The following schemes will be procured by the Ministry of Transport & Logistic Services:
- The 136-kilometre Asir-Jizan highway will include six intersections, 18km of bridges and a 9km-long tunnel network. The project starts at Al-Farah in Asir and extends to the Red Sea through Jizan. The contract type is DFBOM, and the project duration is 30 years. The launch date is not specified.
- The 570km Jeddah-Jizan highway will comprise 43 intersections, 11 wildlife crossings and 29 bridges. The project scope includes converting the current 280km of double lanes into three lanes. The contract model is not specified; the project duration is 30 years.
- The 447km Yanbu-Jubail highway will contain 17 intersections, 14 wildlife crossings, four bridges, one tunnel and 18 service areas. Construction work on a 39km section towards the Al-Zulfi area has been completed. The contract model, duration and launch date are not specified.
- The Jeddah-Makkah road spans a length of 64km. It consists of seven interchanges and four camel crossings. The construction is under way for 51km of the road and is being carried out in three phases. The construction works for phase four are yet to begin. The construction cost for phase four of the road will be funded by the government, similar to the ongoing construction works for phases one to three. The proposed scope of work is for the operation and maintenance of the Jeddah-Makkah road, and developing and operating motorway service areas. The contract's duration and the tender's launch date are not specified.
Other planned PPP projects
Saudi Arabia has also announced plans to tender seven PPP desalination projects.
The independent water projects (IWPs) represent an aggregate desalination capacity of 2.8 million cubic metres a day (cm/d). Owned by the Ministry of Environment, Water & Agriculture, the IWPs will be procured under 25-year build-own-operate (BOO) contracts.
The first project, Ras al-Khair 2 with a capacity of 600,000 cm/d, will be launched in February 2024.
This will be followed by the launch of another IWP, the 400,000 cm/d Ras al-Khair 3, in April 2024.
In March 2025, the kingdom plans to launch the Tabuk IWP with a capacity of 400,000 cm/d. The Alshuqaiq 4 IWP is set for launch in July 2025, with a capacity of 400,000 cm/d.
These schemes will be followed by the Rabigh 5 IWP, with a capacity of 400,000 cm/d, to be launched in April 2027, and the Rayis 2 IWP, with a capacity of 300,000 cm/d, set for launch in July 2035.
Finally, the Jizan IWP is set to have a capacity of 300,000 cm/d. Its launch date is not yet disclosed.
In addition, the kingdom plans to tender six wastewater treatment projects starting in 2024. The five independent sewage treatment plants (ISTPs), one small sewage treatment plant (SSTP) and collection network will treat wastewater for reuse in non-agricultural municipal and industrial applications.
The five ISTPs represent an aggregate wastewater treatment capacity of 650,000 cm/d.
The Ministry of Environment, Water & Agriculture will procure the projects under build-own-operate-transfer (BOOT) models.
Other projects to be tendered under the P&PPP pipeline include several medical centres, health centres, hospitals, educational buildings, schools, colleges, universities, strategic water reservoirs, marine services schemes, land ports and power stations.
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Abu Dhabi mends fences with Riyadh9 October 2026

Ongoing political turmoil in the region may be prompting Abu Dhabi to review its approach to key diplomatic issues, not least its relations with its larger neighbour, Saudi Arabia.
In late September, UAE Vice-President Sheikh Mansour Bin Zayed Al-Nahyan travelled to Riyadh for talks with Crown Prince Mohammed Bin Salman and Defence Minister Prince Khalid Bin Salman. Such visits may have been commonplace in the past, but over the past year they have been relatively rare, given the friction between the two Gulf powers over issues such as the conflict zones of Yemen and Sudan, relations with Israel and economic rivalry.
At the start of the year, the UAE retreated from Yemen under pressure from Riyadh, after the UAE-backed Southern Transitional Council made rapid territorial gains at the expense of Saudi-backed groups and advanced close to the kingdom’s southern border.
Since then, against the backdrop of the Iran war, relations have shown further signs of strain, with cross-border financial transactions reportedly being blocked or delayed.
However, there have been intermittent attempts to present a more collegial relationship, such as in July, when a photo emerged on social media of Sheikh Mansour and Prince Khalid posing with their arms around each other, reportedly while on holiday in Europe.
Yemen dynamics
Gains by another group in Yemen may lie behind the latest rapprochement between Riyadh and Abu Dhabi. The visit by Sheikh Mansour on 29 September came in the wake of significant advances by the Houthis, who had recently captured Mokha port and strategically significant areas of land overlooking the Bab El-Mandeb Strait – heightening their ability to menace passing ships.
Saudi Arabia has been leaning on its allies – particularly Pakistan and Turkiye – to support its campaign against the Houthis. It is unclear whether the UAE would be willing to get involved militarily in Yemen again, or whether Riyadh would be happy for it to do so, but it could still be a useful ally in the fight. Analysts have noted that UAE-backed forces have, over the years, had a far greater record than anyone else of scoring battleground victories against the Houthis.
It is also notable that Mansour’s delegation to Riyadh included several senior security officials, including Ali Bin Hammad Al-Shamsi, secretary general of the Supreme Council for National Security; Ali Saeed Matar Al-Neyadi, chairman of the National Emergency, Crisis and Disaster Management Authority; and Nasser Humaid Al-Nuaimi, secretary general of the Tawazun Council for Defence Enablement.
The visit was a surprise, given the GCC states’ lack of unified action this year amid the crises in Yemen and Iran. Speaking at an event in Washington in mid-September, Bernard Haykel, professor of Near Eastern Studies at Princeton University, noted that: “Despite the fact that [the GCC states] all face a common threat in Iran and its proxies, you still don’t see real coordination between them. You still have these differences between the Saudis and the UAE, for instance; you have differences between the Qataris and the UAE. If anything would have united them, this would be it. And you don’t see that kind of unity.”
Writing for the Arab Gulf States Institute in early October, Kristian Coates Ulrichsen, a Baker Institute fellow for the Middle East at Rice University, said Mansour’s visit to Riyadh in late September was “likely meant to signal that the thaw [in bilateral relations] was real” and “designed to enable a more coordinated approach to managing the forces ranged against the Houthis in southern and central Yemen”.
Further signs of warming ties came on 8 October, when UAE Investment Minister Mohamed Hassan Alsuwaidi signed a memorandum of understanding with Saudi Industry and Mineral Resources Minister Prince Abdulaziz Bin Salman covering power grid interconnections, trade in electricity and freight rail connectivity.
On the same day, the Saudi ambassador to the UAE invited President Sheikh Mohamed Bin Zayed Al-Nahyan to attend a GCC-EU Summit in Saudi Arabia later in the month.
Sheikh Mansour was not the only senior Emirati on diplomatic manoeuvres in recent weeks. The day after the vice-president was in Riyadh, national security adviser Sheikh Tahnoun Bin Zayed Al-Nahyan was in Muscat for talks with Sultan Haitham Bin Tariq Al-Said.
Oman is a critical partner for the UAE in several areas. Omani ports have provided a trade lifeline for Emirati importers and exporters at a time when ports in Dubai and Abu Dhabi have been sidelined by Iran’s threats against shipping through the Strait of Hormuz. Muscat’s approach of maintaining dialogue with all actors means it is also able to mediate with both Iran and Yemen’s Houthis.
Strategic independence
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Speaking at the UN General Assembly in New York on 28 September, Minister of State Khalifa Shaheen Al-Marar reviewed the crises in Iran, Sudan, Gaza, Ukraine and elsewhere and said “the importance of developing and reforming regional and international multilateral institutions … remains paramount” – but while he name-checked the UN, he did not mention the GCC.
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In his speech to the UN, Al-Marar listed what he saw as the main pillars of the UAE’s national strength: “strategic independence” was the first item in his list.
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Abu Dhabi mends fences with Riyadh9 October 2026

Ongoing political turmoil in the region may be prompting Abu Dhabi to review its approach to key diplomatic issues, not least its relations with its larger neighbour, Saudi Arabia.
In late September, UAE Vice-President Sheikh Mansour Bin Zayed Al-Nahyan travelled to Riyadh for talks with Crown Prince Mohammed Bin Salman and Defence Minister Prince Khalid Bin Salman. Such visits may have been commonplace in the past, but over the past year they have been relatively rare, given the friction between the two Gulf powers over issues such as the conflict zones of Yemen and Sudan, relations with Israel and economic rivalry.
At the start of the year, the UAE retreated from Yemen under pressure from Riyadh, after the UAE-backed Southern Transitional Council made rapid territorial gains at the expense of Saudi-backed groups and advanced close to the kingdom’s southern border.
Since then, against the backdrop of the Iran war, relations have shown further signs of strain, with cross-border financial transactions reportedly being blocked or delayed.
However, there have been intermittent attempts to present a more collegial relationship, such as in July, when a photo emerged on social media of Sheikh Mansour and Prince Khalid posing with their arms around each other, reportedly while on holiday in Europe.
Yemen dynamics
Gains by another group in Yemen may lie behind the latest rapprochement between Riyadh and Abu Dhabi. The visit by Sheikh Mansour on 29 September came in the wake of significant advances by the Houthis, who had recently captured Mokha port and strategically significant areas of land overlooking the Bab El-Mandeb Strait – heightening their ability to menace passing ships.
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It is also notable that Mansour’s delegation to Riyadh included several senior security officials, including Ali Bin Hammad Al-Shamsi, secretary general of the Supreme Council for National Security; Ali Saeed Matar Al-Neyadi, chairman of the National Emergency, Crisis and Disaster Management Authority; and Nasser Humaid Al-Nuaimi, secretary general of the Tawazun Council for Defence Enablement.
The visit was a surprise, given the GCC states’ lack of unified action this year amid the crises in Yemen and Iran. Speaking at an event in Washington in mid-September, Bernard Haykel, professor of Near Eastern Studies at Princeton University, noted that: “Despite the fact that [the GCC states] all face a common threat in Iran and its proxies, you still don’t see real coordination between them. You still have these differences between the Saudis and the UAE, for instance; you have differences between the Qataris and the UAE. If anything would have united them, this would be it. And you don’t see that kind of unity.”
Writing for the Arab Gulf States Institute in early October, Kristian Coates Ulrichsen, a Baker Institute fellow for the Middle East at Rice University, said Mansour’s visit to Riyadh in late September was “likely meant to signal that the thaw [in bilateral relations] was real” and “designed to enable a more coordinated approach to managing the forces ranged against the Houthis in southern and central Yemen”.
Further signs of warming ties came on 8 October, when UAE Investment Minister Mohamed Hassan Alsuwaidi signed a memorandum of understanding with Saudi Industry and Mineral Resources Minister Prince Abdulaziz Bin Salman covering power grid interconnections, trade in electricity and freight rail connectivity.
On the same day, the Saudi ambassador to the UAE invited President Sheikh Mohamed Bin Zayed Al-Nahyan to attend a GCC-EU Summit in Saudi Arabia later in the month.
Sheikh Mansour was not the only senior Emirati on diplomatic manoeuvres in recent weeks. The day after the vice-president was in Riyadh, national security adviser Sheikh Tahnoun Bin Zayed Al-Nahyan was in Muscat for talks with Sultan Haitham Bin Tariq Al-Said.
Oman is a critical partner for the UAE in several areas. Omani ports have provided a trade lifeline for Emirati importers and exporters at a time when ports in Dubai and Abu Dhabi have been sidelined by Iran’s threats against shipping through the Strait of Hormuz. Muscat’s approach of maintaining dialogue with all actors means it is also able to mediate with both Iran and Yemen’s Houthis.
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It is also notable that the UAE has not yet joined either of the two security initiatives launched by Saudi Arabia during the summer: a maritime defence alliance designed to protect shipping in the Red Sea, or a mutual defence pact that Riyadh signed with Turkiye and Pakistan.
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Adnoc secures Thailand LNG supply deal9 October 2026
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The multi-year sale and purchase agreement (SPA), whose exact duration Adnoc did not disclose, builds on an initial LNG supply deal agreed between the two companies last year. The transaction was arranged through Adnoc’s integrated LNG marketing and trading platform, which was established in July within Abu Dhabi Global Market.
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Separately, Adnoc has secured offtake commitments covering approximately 90% of the 9.6 million-t/y capacity planned for its low-carbon Ruwais LNG project.
In July, Adnoc signed a 15-year SPA with Japan’s Inpex Corporation for the supply of up to 1 million t/y from Ruwais. That contract marked Adnoc’s third long-term Ruwais supply agreement with a Japanese buyer, following deals with Osaka Gas and Mitsui & Co in March and April 2025, respectively. Together, the agreements with the three Japanese firms account for 2.4 million t/y – one-quarter of the terminal’s total capacity, which will be delivered across two 4.8 million-t/y liquefaction trains.
Adnoc has also secured long-term Ruwais LNG supply agreements with Malaysia’s Petronas, Germany’s EnBW Energie Baden-Wurttemberg and SEFE (Securing Energy for Europe), China’s ENN Natural Gas, UK-based Shell and Indian Oil Corporation.
Currently under construction in Ruwais Industrial City, Abu Dhabi, the facility is scheduled to begin commercial operations in 2028. Its commissioning will more than double Adnoc’s LNG production capacity to approximately 15 million t/y.
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Fibrex wins $217m Abu Dhabi Seamont residences contract9 October 2026
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Abu Dhabi-based contractor Fibrex Construction Group has won an AED800m ($217m) contract to build the Seamont Autograph Collection Residences project, located on Al-Reem Island in the UAE capital.
Abu Dhabi-based real estate developer Royal Development Holding, a subsidiary of Emirates Stallion Group, and local firm Saas Properties awarded the contract.
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The construction programme is scheduled to run for 27 months, with completion due in December 2028.
Fibrex will begin mobilisation immediately, following the completion of enabling works this month, which were undertaken by Sharjah-based Swiss Pro Foundations.
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Dubai picks contractor for Al-Maktoum airport terminal9 October 2026

Dubai Aviation Engineering Projects (DAEP) has selected a contractor for an estimated AED10bn ($2.7bn) substructure package for the West Terminal, as part of the first phase of the $35bn expansion of Al-Maktoum International airport.
A joint venture of Beijing-headquartered China Civil Engineering Construction Corporation (CCECC) and Abu Dhabi-based Tristar Engineering & Construction will execute the contract.
According to a description on DAEP’s website, the expanded airport’s West Terminal will be a seven-level facility spanning 800,000 square metres, with annual capacity for 45 million passengers.
The terminal will be the second of three planned terminals at Al-Maktoum International airport. It will connect to the airside via a 14-station automated people-mover (APM) system.
In July, MEED exclusively reported that DAEP had awarded an estimated $1.5bn contract to a joint venture of Japan’s Mitsubishi Corporation and Indian contractor Larsen & Toubro for the APM system.
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Upcoming awards
In June 2026, DAEP said it will award construction contracts worth over AED55bn ($15bn) for Al-Maktoum International airport by the end of the year.
At the time, DAEP said the planned awards included substructure works for the West Terminal, the fourth aircraft concourse and the baggage-handling system. The programme also included superstructure works for the West Terminal and the first, second and third aircraft concourses.
The packages are expected to include long-span structural frameworks for buildings covering about 1.5 million square metres, infrastructure works for the southern airfield area, and power-generation and district-cooling plants supporting the construction programme.
DAEP also plans to award façade and roofing packages in 2026.
The Dubai Government approved updated designs and timelines for its largest construction project in April 2024. In September 2024, MEED exclusively reported that a team comprising Austria’s Coop Himmelb(l)au and Lebanon’s Dar Al-Handasah had been confirmed as lead masterplanning and design consultants for the Al-Maktoum International airport expansion.
Construction of the airport is planned in three phases. Once complete, the airport will cover 70 square kilometres south of Dubai and include five parallel runways and 430 aircraft gates.
It will be five times the size of Dubai International airport and is planned to have a passenger-handling capacity of 260 million passengers a year – the largest in the world. For cargo, it is planned to have the capacity to handle 12 million tonnes a year.
READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDFIndustry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.
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