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23 January 2025

GACA Envisions Sector Future and Its Role in Supporting Innovation and Investment in Saudi House Pavilion at Davos

GACA Envisions Sector Future and Its Role in Supporting Innovation and Investment in Saudi House Pavilion at Davos

The General Authority of Civil Aviation (GACA) explored the future of the sector and its role in supporting innovation and investment during its participation in the Saudi House pavilion at the World Economic Forum Annual Meeting 2025, held from January 20 to 24 at Davos, Switzerland.

GACA highlighted its efforts to transform the civil aviation sector into an engine for innovation, sustainability, and economic growth for both the Kingdom and the world, reinforcing Saudi Arabia's leadership role on the international stage.

The authority discussed investment opportunities through projects and incentives offered by the Kingdom's civil aviation sector, while emphasizing aviation's position as a key driver and supporter within Saudi Vision 2030. This was demonstrated through showcasing the achievements of the aviation sector strategy and its global transformation, alongside unprecedented investment opportunities in the Kingdom launched by the strategy aimed at establishing the aviation sector as an economic growth enabler.

GACA highlighted the latest developments in major civil aviation projects in the Kingdom, such as King Salman International Airport in Riyadh, which features six runways, along with public-private partnerships for the privatization and development of Abha, Taif, Hail, and Qassim International Airports. The authority also presented investment opportunities in cargo and logistics, advanced air mobility, commercial aviation, and enabling tourism and business sectors, which play prominent roles in the Kingdom's economy, through the launch of the general aviation roadmap aimed at providing advanced infrastructure, new aircraft, and more sophisticated services.

During its participation, GACA discussed the general aviation roadmap and its contribution to significantly increasing GDP, targeting tenfold growth to reach $2 billion by 2030. The sector's future direction includes adopting initiatives and programs to support private aviation, aiming to attract global investors, operators, manufacturers, and service providers to strengthen the Kingdom's position as a general aviation hub, while working to align infrastructure planning and regulations across the sector.

The Saudi House pavilion reflects the Kingdom's growing international role and effective influence, serving as a platform connecting entrepreneurs, change-makers, and innovators to present strategic visions on key areas shaping our world's future.

It is worth noting that the Saudi House initiative is organized by the Ministry of Economy and Planning, with participation from various government entities, and will hold several dialogue sessions to discuss the latest significant trends in social and economic transformation both locally and internationally.

Last Update Date For Page Content : 30/12/2025 09:07 Saudi Arabia Time

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