Plans for Saudi Public Investment Fund to Inherit Airports and Other Aviation Assets
Posted on 04/18/2017
As part of the massive privatization efforts by the Saudi Arabian government, the Riyadh-based Saudi Civil Aviation Authority plans to turn a number of airports into companies to improve accountability and transparency. In addition, once the airports are converted into separate companies, they will be transferred to Saudi Arabia’s Public Investment Fund (PIF). Essentially, PIF […]
