Vice Custodian of the Two Holy Mosques Prince Sultan bin Abdulaziz Al Saud signed here today contracts for the commercial management of King Abdulaziz International Airport in Jeddah, King Khalid International Airport in Riyadh and King Fahd International Airport in the Eastern Region with a total value of SR579.5 million. The Vice Custodian of the Two Holy Mosques urged the contracts' parties to adhere to the contracts' provisions and cooperate for the aim of achieving the desired goals which will benefit all parties, wishing them every success. The Vice Custodian of the Two Holy Mosques stressed that the signing of the contracts is an important step toward achieving the strategic goals set for the three airports including improving the services provided to the passengers and airlines to match international standards to attract a fair share of air traffic in the region and to become leading airports in it resulting in their gradual transformation from being government service sectors wholly depending on the state's budget to financially and administratively independent organizations that depend on their investments and revenues which can be increased through following commercial methods like the methods followed by internationally successful airports and then the three airports can be transformed to independent companies owned by the state. Following the signing of the 6-year three contracts, President of the General Authority of Civil Aviation Abdullah Rahaimi hailed the signing by the Vice Custodian of the Two Holy Mosques as support by the Saudi government for the civil aviation sector.
