Multi billion dollars to modernize airports infrastructure in the Middle East
The Kingdom of Saudi Arabia is pursuing an unprecedented opportunity in air travel to attain competitive growth. With more than 40 million travelers passing through Saudi Arabia’s airports every year, the Kingdom has identified civil aviation as a key pillar for economic development, earmarking US$5 billion in an initial phase of investments over four years. The objective is to open the sector and modernize it, transforming Saudi Arabia into an important air transport hub for east/west routes that would result in 50,000 new jobs. The longer-term goal is for the civil aviation sector to contribute more than SR25 billion (approximately $6.7 billion) annually to the national economy by 2020.
In the past few years, the Saudi Arabian government faced with burgeoning population growth on one hand and rapid economic development on the other, has channeled billions of dollars towards development of the nation's infrastructure, most of which will be spent on upgrading the kingdom's transport and utilities networks.
Nispana proudly announces “Airport Modernization Summit” scheduled to take place on the 8 & 9 May 2016 in Riyadh, Kingdom of Saudi Arabia. The theme for this exclusive forum is “The evolution of smart and futuristic airports”. The two day summit will provide the main stake holders with an ideal platform to come together and listen to real-time case study presentations by global leaders, network with peers, exchange ideas and source some of the latest technology that can be used to modernize the existing airports and develop airports of the future.
Leading government authorities along with a host of suppliers and solution providers will be a part of this summit showcasing their latest technology, innovation, product offerings. The event will provide an excellent networking opportunity with key decision-makers to know about airport expansions, modernization programmes.
Registration FeesUSD 1499
Speakers: H.E. Sulaiman Al-Hamdan President, General Authority for Civil Aviation – GACA, Dr. Abdulaziz A. Al-Ohaly Deputy Minister for Transport, Ministry of Transport, KSA
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