Saudi Arabia speeds up development of aviation industry
According to the Economic Daily, Saudi Arabia regards the development of the aviation industry as an important part of promoting the development of the non-oil economy and realizing the 2030 vision. According to the goals of Saudi Arabia's national transportation and logistics strategy and Saudi Airlines strategy, Saudi Arabia plans to build itself into a global aviation hub, increase the number of destinations on international routes to 250 by 2030, increase passenger throughput to 330 million passengers, and increase cargo throughput to 4.5 million tons. Saudi Arabia will invest $100 billion in aviation by 2030, Saudi Minister of Transport and Logistics Services Saleh Al-Jasser said at the Future Aviation Forum in May last year. In order to achieve the strategic goals, various departments in the aviation field of Saudi Arabia actively promote the development of the industry, and the results continue to emerge. China Twin B low intensity light,Cheap Dual B low intensity light,China Solar low B obstacle light,China Low intensity twin B light,Cheap Taxiway Intersection Light.
In terms of transport capacity, Saudi Arabia attaches great importance to the construction of airports and airlines.
Saudia's strategic plan is to build an airport network with Riyadh and Jeddah as global hubs. In November last year, Saudi Arabia announced the expansion of Riyadh's King Khaled International Airport into one of the world's largest airports and renamed it King Salman International Airport. According to the plan, the new airport will cover an area of 57 square kilometers, including 6 runways, 12 square kilometers of supporting residential, entertainment, commercial and logistics facilities, and the existing terminal building in the current airport. Its goal is that by 2030, the airport's passenger throughput will reach 120 million, and by 2050, the passenger throughput will reach 185 million, and the cargo throughput will reach 3.5 million tons.
Recently, Saudi Crown Prince and Prime Minister Mohammed bin Salman announced the establishment of a new national airline, Riyadh Air. He stated in a statement that Riyadh Air will be wholly owned by the Saudi Public Investment Fund. The establishment of Saudi Arabia will also further promote the development of Saudi Arabia's non-oil economy, which is expected to create more than 200,000 direct and indirect jobs.
In terms of routes, Saudi Arabia attaches great importance to integrating resources and expanding business.
Saudi Arabia will launch an air connection plan in 2021, aiming to develop existing and potential air routes and promote the development of Saudi tourism. The plan integrates the Saudi tourism ecosystem, facilitating coordination between public and private sector players in aviation, tourism, investment and more. Last year, Air Connect planned to launch dozens of international routes in cooperation with Saudi Airlines, Nas Air, Wizz Air and others. Earlier this month, four new international destinations were launched in Beijing, Birmingham, Kano and Johannesburg through a partnership between AirConnect, Saudia's Saudi Airport Holding Company (Matarat) and the Saudi Tourism Authority.
Ali Rajab (Ali Rajab), CEO of the Air Connection Plan, said that the opening of the new route is the result of strong cooperation between Saudi Arabia's tourism and aviation systems, and will provide Saudi Arabia with diversified travel opportunities. Saudia CEO Ibrahim Koshy emphasized the importance of increasing international market share, streamlining travel procedures and enhancing the travel experience, saying that these initiatives, in addition to increasing air connectivity, will also help develop emerging markets. Tourism, improving existing tourism networks.
In terms of management, Saudi Arabia attaches great importance to the role of the private sector.
Saudi Arabia is currently promoting a new round of airport privatization. The Saudi Directorate General of Civil Aviation has handed over the civil airports to its subsidiary Saudi Airports Holding Company, which will be responsible for the construction, operation and management of the airports, while the Directorate General of Civil Aviation will be transformed into a legislator and regulator, and these airports will subsequently be transferred to the Public Investment Fund To achieve privatization. At present, Saudi Airport Holding Company is promoting the design, financing, construction and operation of Abha's new airport terminal in the form of public-private partnerships, and public-private partnership projects at Taif, Ha'il, Qasim and other airports are also in progress.
Saudi Arabia encourages the private sector to invest in the aviation industry. Abdulaziz Al-Duailej, director of the General Directorate of Civil Aviation, previously stated that Saudi Arabia's aviation sector has a bright future, whether it is in the operation and management of airport shipping, or in transportation. In terms of supporting services such as food, catering, maintenance and ground handling, there are a lot of investment opportunities for domestic and foreign investors.