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Saudi Arabia to build five new airports
RIYADH - Saudi Arabia, whose coffers have swelled in recent years on record high oil prices, plans to build five new airports for the vast desert kingdom, the Arab News reported on Thursday.
Civil aviation authority chief Abdullah al-Ruhaimy said it would invest about five billion dollars in new airport projects, with the five new facilities to be built in all four corners of the nation, the paper reported.
The kingdom, which already has three international airports, plans to build a fourth in the Muslim holy city of Medina within four years, the English-language Arab News said.
Rumaihy said five firms from the Netherlands, Singapore, Turkey, Germany and France had been selected to compete for a contract to operate the international airports in the cities of Riyadh, Jeddah and Dammam.
The contract would likely be awarded on November 21, he said.
Saudis rely heavily on air transport to travel around the huge kingdom, which is about two million square kilometres (1.2 million square miles) in size and has 27 airports.
The OPEC member state is the world’s largest crude exporter and has been reaping the rewards of surging oil prices which recently topped 80 dollars a barrel.
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