Saudi Future Aviation Forum – Investment Opportunities

9 May 2024

Saudi Future Aviation Forum – Investment Opportunities

Saudi Future Aviation Forum to Showcase $100bn Investment Opportunity

The Future Aviation Forum in Saudi Arabia presents an unparalleled opportunity, highlighting more than $100 billion in investment prospects, including $50 billion in airport projects and around $40 billion in new aircraft orders.

This major event in the aviation industry is returning to Saudi Arabia, demonstrating the nation’s commitment to its Saudi Aviation Strategy.

The world’s leading aviation investors will convene in Riyadh next month for the Future Aviation Forum (FAF24).

The Investment Showcase from May 20 to 22 will spotlight projects and incentives aimed at attracting investments into Saudi Arabia’s thriving aviation sector, spanning airports, airlines, ground services, cargo, and logistics.

Investment Opportunities in Saudi Arabia Aviation Sector

  • Airports: Over $50 billion
  • New aircraft orders: Approximately $40 billion
  • Other projects, including $5 billion in special logistics areas around Riyadh, Jeddah, and Dammam airports

Minister for Transport and Logistics Services, Saleh Al Jasser, emphasized, “Saudi Arabia is presenting aviation investment opportunities that are unmatched globally, as the Saudi Aviation Strategy triples passenger numbers, connects to more than 250 destinations, and handles 330 million passengers and 4.5 million tons of cargo by 2030.”

Minister for Investment Khalid Al Falih added, “Saudi Arabia aims to become the world’s new investment hub, targeting $3.3 trillion in investment by 2030. Aviation stands as a pivotal investment sector, facilitating the Kingdom’s broader economic transformation. The aviation investment showcase will offer investors unprecedented access to participate in this transformation.”

The Investment Showcase will feature investor briefings, meetings, and panels covering major projects, including the King Salman International Airport expansion in Riyadh and public-private partnerships for several international airports.

Opportunities in cargo and logistics, Advanced Air Mobility, and business aviation will also be highlighted. Aviation suppliers will receive insights into expansion plans for new airline Riyadh Air, as well as leading regional airlines such as Saudia, Flynas, and Flyadeal.

Global executives from Boeing, Airbus, Commercial Aircraft Corporation of China, Embraer, along with prominent investors, airlines, airports, cargo, logistics, and aviation services companies will attend the event.

Speakers include the Minister of Transport and Logistics Services, the Minister of Investment, as well as Saudi and global aviation and investment CEOs.

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9 May 2024

Saudi Future Aviation Forum – Investment Opportunities

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