Saudi Arabia prequalifies 6 bidders for Qassim airport PPP

By Zawya

Saudi Arabia’s Matarat Holding and the National Centre for Privatisation & PPP (NCP) have prequalified five consortiums and one standalone company to bid for the development and operation of Prince Naif bin Abdulaziz International Airport in Qassim under a public-private partnership (PPP) model.

The shortlisted five consortiums announced earlier this month are:

  • Egis, YDA, Safari and Lamar Holding.
  • Ports Projects Management & Development Company (PPMDC) and Al Gihaz Holding.
  • Tamasuk, Oman Airports, Namaya and Al Bawani Capital.
  • Vision Invest, Asyad and daa International.
  • TAV Airports and Mada International Holding.

GMR Airports has been shortlisted as a standalone bidder.

The project will be awarded under a Build-Transfer-Operate (BTO) contract with a 30-year term.

The private-sector partner will be responsible for the design, financing, construction, transfer, operation and maintenance of the Airport, located about 25 kilometres from Buraidah in the Qassim region.

The proposed development includes a fully equipped passenger terminal designed to accommodate projected demand, supporting service facilities and airside infrastructure, including the runway, taxiways and aprons.

The Expression of Interest (EOI) process for the project was launched in February 2026, attracting submissions from 89 companies, including 55 Saudi companies.

The list of interested parties, announced in March 2026, included 19 developers, 33 engineering, procurement and construction (EPC) contractors, 13 operators, 11 advisers, 9 equity investors and 3 financial institutions.

Developers included Samsung C&T, Ports Projects Management & Development Co (PPMDC), Tamasuk Holding Company, Makyol İnşaat, Al Gihaz Holding Company, Alfanar Company, Nesma Infrastructure and Technology Company, Plenary Group, WCT International, Al Bawani, Egis Projects, MADA International Holding; Vision Invest; Almutlaq Real Estate Investment Company (AREIC); SARH Developments Co; IC ICTAS INSAAT ; Kalyon Insaat; Saudi Binladin Group and Lamar Holding.

Contractors included SkyBridge, AVIC KDN, Saudi Pan Kingdom Company (SAPAC), Fas Energy & Infrastructure, Alghanim International, Abdul Ali Al Ajmi, Technical Development Company for Contracting, China Civil Engineering Construction Corporation (CCECC), Al Jaber Contracting, Al Yamama Company, Almabani General Contractors, Arkad Engineering & Construction, Alrawaf Company, Abdulrahman Saad Alrashid and Sons, Mistacoglu Holding, Mounes Mohamed Al-Balawi; Almansouryah General Contracting Co; Alfahd Company; YDA Insaat; China Harbour Engineering Company; Rowad Modern Engineering; Abdullah Fahad Al-Khaledi Company for General Contracting (AFAC); Shade Corporation; Al-Ayuni Investment & Contracting Co; SETEC; International Hospitals Construction Company (IHCC); Mounes Mohamed Al Shayeb for Civil Construction (MOBCO); Sateaa Altameer for Real Estate; China State Construction Engineering Corporation; China Construction Excellence Company; Safari Company; Al Sharif Group Holding; Naif Abdul Kareem Alrakhis Co and Buna Al Khaleej Contracting.

Operators included GMR Airports, TAV Airports (Groupe ADP), daa International (Dublin Airport Authority), Bangalore International Airport Limited (BIAL), Indiza Airport Management, flynas, Annasban Group, IDEMIA Public Security; Saudi Ground Services; Oman Airports Management Company; Al Qussie International Co; Serco Saudi Arabia and Al Shams National Global Energy Co.

Advisors included Contrax International DMCC; Tecnica y Proyectos TYPSA for Engineering Services; Ghesa Ingenieria Y Tecnologia; Pini Group; Hill International; Walter P Moore Engineering Consultants Company; Foster + Partners; Arabtech Jardaneh Saudi AJ Saudi; Currie & Brown; Meinhardt and Populous Architectural Engineering Company

Equity investors included Namaya International Investment Company; Zamil Group Investment Company; Lamar Holding; Al Bawani Capital; Vision Invest Asyad Holding; Plenary Group; Mada International Holding; Safari Group; Buhur for Investment; ASYAD Holding Company; IDS Consulting; Al Gassim Investment Holding Co; Erada Advanced Projects; Sumou Global Investment and Abrdn Investcorp Infrastructure Investments Manager.

Financial instutions included Aljazira Bank; Arab National Bank and Piper Sandler.

Middle East Tasks Company (METCO) also submitted an EOI for the project.

(Writing by Deva Palanisamy; Editing by Anoop Menon)

(anoop.menon@lseg.com )

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