Matarat Holding/NCP - Expansion of Hail International Airport
Matarat Holding is planning to undertake the expansion of Hail International Airport using the Public-Private Partnership (PPP) model in Hail, Saudi Arabia.
The National Centre for Privatisation & PPP is the government authority involved in privatisation and public-private partnerships.
The expansion aims to increase the airport's capacity from the current 1.7 million passengers to 2030. The aim of the project is to achieve sustainable development of the national economy by improving infrastructure and upgrading services to passengers at the Kingdom's airports.
The US$65 million project includes the following:
1. Construction of the terminal building of the southern expansion area (5,600 m2) and the northern expansion (910 m2)
2. Construction of passenger boarding bridges
3. Construction of a new passenger lounge
4. Construction of the terminal infrastructure
5. Construction of the departures and arrivals areas
6. Construction of the enhanced baggage handling facilities
7. Construction of parking facility
8. Construction of a new rapid exit taxiway
9. Construction of new aprons
10. Construction of access road to new terminal building
11. Expansions of other support facilities
12. Construction of ancillary airport facilities ( Cargo complex - Mosque - Power - Water supply - Airport roads)
13. Construction of associated facilities
Second Section
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21 July 2026
Safari Group has been appointed as the main contractor on the project. (Source: MEED)
13 July 2026
The project is expected to be awarded by next week. (Source: MEED)
23 June 2026
It is understood that the bids are still under evaluation on the project.
17 March 2026
The bid submission deadline is extended from March 01, 2026, to March 29, 2026. (Source: MEED)
24 February 2026
The bid submission deadline is extended from February 05, 2026 to March 01, 2026. (Source: MEED)
29 January 2026
The main contract tender has been issued in January 2026, and bid submission deadline is on February 05, 2026. (Source: MEED)
19 January 2026
The client held a meeting with the local government officials to review the project proposals.
26 November 2025
Mott MacDonald has been appointed to prepare development plans, environmental studies, and capital expenditure estimates for the project. (Source: MEED)
11 August 2025
There have been no updates regarding the main contract tender issue.
26 May 2025
There have been no updates regarding the main contract tender issue.
19 February 2025
There is no news regarding the main contract tender issue.
16 July 2024
The main contract tender is yet to be issued on the project.
14 January 2024
The main contract tender is yet to be issued.
12 October 2023
The main contract tender is yet to be issued.
13 July 2023
The main contract tender is yet to be issued.
12 April 2023
The project is revived and the client is expected to reissue the expression of interest (EoI) to develop the airport on Public Private Partnership (PPP) model in the second half of 2023. (Source: MEED)
28 November 2022
The project is still on hold.
14 June 2022
The project continues to be on hold and the time frame for the revival is unknown.
23 December 2021
The client is planning to develop the project on publicâprivate partnership (PPP) basis under Matarat Holding Company by 2022.
27 June 2021
We have not been able to obtain further updates on this project. We have retained the same project stage and amended the key dates accordingly. We will update the profile as soon as we obtain any new information.
16 December 2020
The project continues to be on hold.
01 August 2020
We have not been able to obtain further updates on this project. We have retained the same project stage and amended the key dates accordingly. We will update the profile as soon as we obtain any new information.
04 May 2020
The project is still on hold and revival time frame is unknown.
10 December 2019
We have not been able to obtain further updates on this project. We have retained the same project stage and amended the key dates accordingly. We will update the profile as soon as we obtain any new information.
10 March 2019
The project is on hold. (Source: MEED)
31 October 2018
The financial closer has not yet taken place on the project. (Source: MEED)
25 June 2018
The project has been put on hold by the client.
06 February 2018
It is understood that a number of banks have agreed to provide funds for the project but the documentation process is not done yet. The final agreement between the main contractor consortium and the bank financing the project is yet to be signed. (Source: MEED)
23 November 2017
The negotiations with banks for financing airport is expected to be extend to early 2018.
19 September 2017
Turkeyâs TAV and local Al-Rajhi Holding are in negotiation for the financing the airport and the financial close is expected between October to November 2017. The financial value is estimated to be $600 million. Banque Saudi Fransi (BSF) is appointed as the lead arranger for the project.
24 August 2017
The construction works will commence after reaching the financial close on the project. (Source: MEED)
05 July 2017
The client has signed a concession agreement with Mott McDonald to act as a technical advisor on the project.
13 June 2017
AlRajhi & TAV consortium has signed the main contract agreement on June 8, 2017.
08 June 2017
Turkeyâs TAV and local Al-Rajhi Holding aims to raise between $250m and $350m from banks and the negotiations are likely to go beyond September 2017. UK-based Norton Rose are the legal and US/Indian Synergy Consulting are the financial advisors for the contracting companies. The contractors will form a special purpose vehicle (SPV) for the project which will function for over 30 years. (SOURCE : MEED)
03 May 2017
The General Authority of Civil Aviation (GACA) has appointed Bahrainâs Gulf International Bank (GIB) as the financial advisory on the PPP airport project. Clifford Chance and Hillbrook Partners, both UK-based, are providing legal and technical advisory. (SOURCE : MEED)
18 April 2017
The main contract has been awarded to a JV of TAV Construction / Al Rajhi Holding Group.
28 March 2017
General Authority of Civil Aviation (Gaca) has received bids from the following companies to develop, finance, build and operate as PPPs. *TAV Construction / Al Rajhi Holding Group JV *Egis Group / ACWA Holding JV (SOURCE : MEED)
02 March 2017
Market sources indicate that the client has temporarily suspended the project. No timeline has been provided on further developments on the project.
30 November 2016
The preliminary design works are on going on the project and the time-frame for completion is currently unknown.
29 July 2016
Saudi Arabiaâs General Authority of Civil Aviation (GACA) has appointed Bahrainâs Gulf International Bank (GIB) as an advisor for the privatization of four airports. (Source: MEED)
06 April 2016
The tenders for consultancy services has been issued and bids have been submitted. Zuhair Fayez Partnership is one of the bidders for the project.
20 October 2015
The tender for consultancy contract has been cancelled and the client will re-tender the contract for consultancy services.
19 August 2015
The client has invited international firms to submit their interest to provide consultancy services for the project by October 05, 2015.