GACA awarded the contract last April for a period of up to 20 years
DUBAI
Saudi Arabia’s aviation authority has terminated a concession agreement with Singapore’s Changi Airports International and its local Saudi partner to operate the King Abdulaziz International Airport in Jeddah, it said in a statement on Wednesday.
The General Authority of Civil Aviation (GACA) awarded the contract last April for a period of up to 20 years. It did not elaborate on its reason for cancelling the agreement. Changi and its partner, the Saudi Naval Support Company, confirmed in a separate statement that the consortium had received a notice of termination from GACA. The companies said they had “strictly observed the request for proposal process stipulated by GACA”.
“[The consortium] submitted all required documentation for GACA’s review and had obtained all requisite approvals before the award of the concession”, they said.
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox