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18 February 2025

GACA Participates in Saudi House Initiative at World Economic Forum Annual Meeting 2025

GACA Participates in Saudi House Initiative at World Economic Forum Annual Meeting 2025

The General Authority of Civil Aviation (GACA) is participating in the Saudi House initiative during the World Economic Forum annual meeting 2025, which will be held from January 20 to 24 in Davos, Switzerland. The event is organized by the Ministry of Economy and Planning with participation from various government entities.

GACA will showcase the future of aviation through investment opportunities and incentives offered by the sector in Saudi Arabia, public-private partnerships for airport development, and the enhancement of aviation's position as a key driver supporting Saudi Vision 2030. The showcase will highlight the achievements of the aviation sector strategy and its global transformation.

The authority will also introduce exceptional investment opportunities in Saudi Arabia launched through the aviation sector strategy, which aims to establish the Kingdom's aviation sector as an economic growth enabler, including the aviation status report.

Mohammed bin Fahad Alkhuraisi, Vice President of Strategy & Business Intelligence at GACA, stated that during the Saudi House events, the authority will focus on investment opportunities in projects and incentives offered by the civil aviation sector in Saudi Arabia, aiming to attract investments exceeding $100 billion. These investments include airports, airlines, ground services, cargo, and logistics.

Breaking down these investments: airports will receive more than $50 billion; new aircraft purchase orders amount to approximately $40 billion. The remaining $10 billion

Is allocated for other projects, including $5 billion for establishing special logistics zones around the three main airports in Riyadh, Jeddah, and Dammam.

"The Kingdom offers unprecedented global investment opportunities in the civil aviation sector, with the Saudi National Aviation Strategy aiming to double passenger numbers, connect the Kingdom to more than 250 destinations, accommodate 330 million passengers, and reach an air cargo volume of 4.5 million tons," Al-Khuraisi said.

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

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

Last Update Date For Page Content : 29/12/2025 16:25 Saudi Arabia Time

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