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FINANCIAL NEWS
Saudi Arabia allots land for Qunfudah airport
18 Dec 2016
(MENAFN) Saudi Arabia has allocated land for the new airport at Qunfudah in the north area of Makkah province, which will built on a Build to Order system (BTO).
Accordingly, the move is in line with its plans to establish a new global airport in Taif region, which will be the new gateway for Haj and Umrah.
The development of the new airport is to cope with the growing passenger traffic, particularly after the GACA Board of Directors confirmed the transformation of Taif airport.
Moreover, the project, which will be the kingdom’s fifth global airport, will be located northeast of Taif province and it is located near Souk Okaz about 120km from Makkah.
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