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Over $100 billion is being invested by Saudi Arabia in the aviation sector With an estimated $50B for airport development, $40B for new aircraft orders and $10B for other projects like logistics zones ⏺ But is this investment well placed? ✳️ Here's what's been happening in the sector: → King Salman International Airport Development Company: Expansion with six parallel runways, terminals, designed by Foster + Partners, Jacobs, Mace, and Nera → Riyadh Air | طيران الرياض: New national airline targeting 100 routes by 2030 and estimated to contribute over $20B to the economy → Riyadh Air | طيران الرياض: Agreements with Singapore Airlines, Air China, Delta Air Lines, and China Eastern Airlines Global to expand interline connectivity and digital transformation → Heathrow Airport: Public Investment Fund (PIF) acquired a 15% stake as part of a $4.12 billion deal with Ardian for global aviation growth → King Khalid International Airport: Partnered with SAP to modernize procurement infrastructure using SAP Ariba solutions for enhanced efficiency → AviLease: $3.6 billion acquisition by PIF for Standard Chartered's aircraft leasing unit, including 100 narrow-body aircraft → SAUDI AIRLINES: Acquired 105 Airbus A320neo and A321neo Airbus Aircraft, the largest aircraft deal in Saudi aviation history → GACA - General Authority of Civil Aviation - Saudi Arabia: Announced expansion to include six general aviation airports, nine terminals, and 35,000 new jobs by 2030 → Saudia Technic: Partnerships with UiPath, Eve Air Mobility, NEOM Vertical Mobility Operating Company, and Riyadh Airports to enhance MRO capabilities → Saudia Cargo: Established new headquarters at Saudia Technic’s MRO village in Jeddah → GACA - General Authority of Civil Aviation - Saudi Arabia: Signed air service agreements with Mozambique, Eswatini, Cambodia, and Brunei Darussalam to boost global connectivity → The Helicopter Company: Plans for global expansion and IPO as part of PIF’s broader aviation strategy → flynas: Confirmed plans to list shares on the Saudi Tadawul Group in 24 after reporting $1.68B in revenue, 32% up from previous year → Neo Space Group: Partnered with SES Satellites' Open Orbits inflight connectivity network to enhance global inflight internet with satellite comms services → Includes collab with China Satcom, Hughes Communications India, and Aerosat Link --- ⏺ There was a target of 100M tourists under the vision2030 which was actually recorded earlier this year - now it's been raised to 150M ‣ Foreign investment into Saudi Arabia was $26B in 2023, beating official targets ‣ 540 companies have set up their regional headquarters in the Kingdom ahead of the 2030 target of 500 ✳️ The aviation sector enables all of the inward and outward movement that surrounds this scale of economic development. It's one of the most promising sectors in the region.

100 Billion Investment Opportunities for World Cup 2034 Projects in Saudi Arabia 🔅 Hosting the 2034 FIFA World Cup offers Saudi Arabia an exceptional opportunity to showcase its capabilities on a global stage while unlocking massive investment potential. With an estimated spending of 100 billion SAR ($26.6 billion) for infrastructure and related projects, the Kingdom is gearing up to deliver a historic and unparalleled tournament. 🔸 Sports Market Growth The Saudi sports market is expected to reach 30 billion SAR ($8 billion) by the end of 2024. This growth is driven by major initiatives like club privatization and attracting top international players, with Saudi clubs spending $431 million to sign 128 players in the summer of 2024 alone. 🔸 Massive Infrastructure Expansion Saudi Arabia is committed to building 11 new stadiums out of the 15 required, with a seating capacity exceeding 775,000 seats. The King Salman Stadium in Riyadh, hosting 92,000 fans, will crown this effort, serving as the venue for the opening and final matches. Additionally, the Kingdom is preparing 134 training facilities for the 48 participating teams, complete with FIFA-standard amenities, and planning to add 175,000 new hotel rooms, making a total of 232,000 units to accommodate the anticipated influx of fans. 🔸 Government Support & Private Sector Opportunities The Saudi government is allocating 60 billion SAR ($16 billion) annually to support the sports sector. While government entities like the Public Investment Fund (PIF) and Aramco are leading many projects, significant opportunities remain for the private sector to collaborate on facilities, training centers, and event operations. 🔅 Important Note for Investors and Companies To make things easier for you, your company must be registered in Saudi Arabia to participate in the abovementioned projects. Don’t waste time offering services from abroad. Whether you are involved in construction, contracting, ticketing, acoustics, engineering, or any other related fields, being locally registered is a key requirement to access these opportunities. #SaudiArabia #WorldCup2034 #FIFA2034 #Vision2030 #SportsInfrastructure #InvestmentOpportunities #HospitalityIndustry #Construction #Engineering #Ticketing #Acoustics #MegaProjects

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