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Saudi Arabian Airlines (Saudia) has received bids for the contracts to build cargo terminals at Riyadh’s King Khalid International Airport (KKIA) and Jeddah’s King Abdulaziz International Airport, MEED reported, citing sources with knowledge of the transaction.
Between seven and eight contractors submitted bids for each contract, it was reported.
The estimated budget for the planned cargo terminal in Jeddah airport is SAR 1 billion. The budget for the Riyadh terminal, however, is much smaller at SAR 300 million.
Saudia Cargo, a subsidiary of Saudia, operates the cargo handling services at both airports.
In March this year, Riyadh Airports Co. invited firms to bid for a license to operate the second air cargo terminal at KKIA.
Singapore’s SATS became the first international cargo handler to enter the Saudi market in August last year, after winning a tender to build and operate a new cargo terminal in Dammam’s King Fahd International Airport.
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