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MATARAT Holding Company, the state-owned manager and operator of Saudi airports, has appointed Egis to provide technical support and project management services for a total of 26 airports in the Kingdom.
The scope of the three-year contract includes establishing phased project management portals, updating airport project management policies and procedures, providing technical support for planning and designing, and following up the implementation of capital projects with MATARAT subsidiaries - Riyadh Airports Company, Jeddah Airports, Dammam Airports, and Cluster2, which was launched in February 2023 to operate, manage and develop 22 airports across the kingdom.
The agreement was signed by Mohammed Almaghlouth, CEO, MATARAT Holding Company, and Alaa AbuSiam, Egis CEO for the Middle East and South Asia.
Turki Almubadal, Executive Vice President of Projects and Technical Affairs, MATARAT Holding Company, said: “This contract focuses on providing support in several major areas and activities, which include strategic planning for projects, building an asset management guide, preparing a unified guide for engineering specifications for designing and implementing projects, and following up on continuous improvement of their performance.”
“The Aviation industry has always been one of our key strengths at Egis, both regionally and globally, and as such, we are extremely delighted to be partnering with MATARAT to be part of one of the most transformative projects in the Middle East region,” added Alaa Abu Siam.
In a LinkedIn post, MATARAT Holding said the objectives include:
- Provide strategic planning support to define and plan a project portfolio for next five years
- Develop a project management governance manual
- Creating a guide for project implementation, quality control and safety procedures
- Performance monitoring and follow-up
- Make a plan for continuous development by evaluating the performance of projects
- Transfer of knowledge and expertise to staff of MATARAT Holding and its subsidiaries
Saudi Aviation Strategy aims to increase international destinations to 250, and annual passenger handling capacity to 330 million by 2030.
(Writing by Anoop Menon; Editing by Bhaskar Raj)
