RTCC/Ictas wins $214m King Salman airport Private Aviation Terminal

05 October 2026
Saudi Arabia’s King Salman International Airport awarded the contract

Saudi Arabia’s King Salman International Airport Development Company (KSIADC) has awarded an estimated SR800m ($214m) construction contract to build the Private Aviation Terminal.

The contract was awarded to a joint venture of Riyadh-based Al-Rashid Trading & Contracting (RTCC) and Turkiye’s IC Ictas.

The scope covers the construction of a central courtyard, grand boulevard, parking facilities, access control checkpoints, logistics and ground support facilities, internal road networks, and landscaping works. 

The scope further covers all civil, structural, architectural, and mechanical, electrical, and plumbing (MEP) works, along with testing, commissioning, and handover activities.

KSIADC is making rapid progress on its overall project masterplan. In July, it reported major progress on landside and airside infrastructure works linked to its third runway and private aviation facilities, part of the wider airport expansion programme.

Project scale

The project covers an area of about 57 square kilometres (sq km), allowing for six parallel runways, and will include the existing terminals at King Khalid International airport. It will also include 12 sq km of airport support facilities, residential and recreational facilities, retail outlets and other logistics real estate.

The airport aims to accommodate up to 100 million passengers by 2030. The goal for cargo is to process 2 million tonnes a year by 2030.

Saudi Arabia plans to invest significantly in its aviation sector. Riyadh’s Saudi Aviation Strategy, announced by Gaca, aims to triple Saudi Arabia’s annual passenger traffic to 330 million travellers by 2030.

It also aims to increase air cargo traffic to 4.5 million tonnes and raise the country’s total air connections to more than 250 destinations.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.