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News

25 January 2025

GACA Wraps Up Participation in Saudi House Pavilion at Davos Forum 2025

GACA Wraps Up Participation in Saudi House Pavilion at Davos Forum 2025
The General Authority of Civil Aviation (GACA) concluded its participation in the "Saudi House" initiative pavilion during the annual World Economic Forum 2025, held in Davos, Switzerland, from January 20 to 24. Organized by the Ministry of Economy and Planning, the initiative featured contributions from several government agencies.

 The GACA pavilion attracted notable visitors, including former British Prime Minister Tony Blair and former FIFA President Sepp Blatter, who explored the latest advancements in Saudi aviation and the future of the Kingdom's air transport sector. Their engagement underscored the growing global interest in the investment opportunities offered by Saudi Arabia’s aviation sector.

 During its participation, GACA hosted two high-level discussion sessions highlighting investment opportunities, incentives, and the strategic role of aviation as a key driver of Vision 2030. The sessions showcased the achievements of the Kingdom's aviation strategy, its transformation on the global stage, and the unprecedented investment opportunities available in the sector.

 GACA outlined its ambitious plans to attract investments exceeding $100 billion, encompassing airports, airlines, ground services, shipping, and logistics. Over $50 billion has been allocated for airport development, approximately $40 billion for new aircraft purchase orders, and $10 billion for other projects, including $5 billion dedicated to establishing special logistics zones around the primary airports in Riyadh, Jeddah, and Dammam.

Last Update Date For Page Content : 30/12/2025 09:14 Saudi Arabia Time

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