The MATARAT Holding, in collaboration with the National Center for Privatization & PPP (NCP), has received Expressions of Interest (EOIs) from 89 local and international entities for the development of the Prince Naif bin Abdulaziz International Airport in the Qassim Region of Saudi Arabia. The project is being planned under a Public-Private Partnership (PPP) model aimed at upgrading and expanding the airport’s infrastructure and operations. 

A total of 55 Saudi companies and 34 international firms expressed interest in the project. These companies represent different roles in the aviation infrastructure sector, including 19 developers, 33 EPC contractors, 13 operators, 11 advisors, 9 equity investors, and 3 financial institutions. 

The project involves the development and long-term operation of the airport under a 30-year concession, which includes the phases of design, financing, construction, transfer, operation, and maintenance. The redevelopment aims to enhance passenger capacity, modernize airport facilities, and improve airside infrastructure such as runways, taxiways, and aprons to meet future demand. 

Located about 20–25 km southeast of Buraidah, the capital of the Qassim region, the airport project is expected to support Saudi Arabia’s growing aviation sector and strengthen the country’s logistics network. The development aligns with the Kingdom’s Vision 2030 strategy, which focuses on expanding transportation infrastructure and positioning Saudi Arabia as a global logistics hub connecting three continents.