Design Build Operate Tender

Contract Awarded to Design build and operate DBO a new lounge at the new and expanded King Abdulaziz International Airport JEDContract awarded Feb 2019According to a statement on Saudi bourse Tadawul 10-year contract will be effective upon the launch of the Al Fursan International lounge within JED one of the kingdoms busiest aviation hubs.SACC states it expects the contracts positive impact to reflect in its Q4 2019 results adding that the deal would boost business sustainability by increasing the cash flow and enhancing the relationship with Saudia .Saudia welcomed the first passengers to the new airport in June 2018 not long after the airline opened the new Al Fursan Domestic lounge for its loyalty members and premium guests.JED serves numerous passengers travelling for the Hajj and Umrah Islamic pilgrimages. Its expansion involves increasing its capacity to accommodate 43 million passengers a year with a 67 passenger terminal complex in addition to 46 contact gates 94 boarding bridges lounges retail facilities and an airside hotel.