KSIADC seals deal with RIPC to advance KSIA projects

KSIADC MoU with RIPC on KSIA projects- GCC Business News
Image Credits : SPA | Cropped by GBN
By Desk Reporter, GCC Business News

The King Salman International Airport Development Company (KSIADC), a Public Investment Fund (PIF) company in Saudi Arabia, has signed a memorandum of understanding (MoU) with the Riyadh Infrastructure Projects Center (RIPC) to enhance collaboration in infrastructure and project development of King Salman International Airport (KSIA).

The MoU was officially signed during the Global Infrastructure Forum, held at the Riyadh International Convention and Exhibition Center from September 15 to 17. The event took place under the patronage of Riyadh Region Mayor, Prince Dr. Faisal bin Abdulaziz bin Ayyaf.

The event brought together government leaders, industry experts, policymakers, and business representatives from across the region and beyond to discuss advancements, opportunities, and collaborations in the fields of infrastructure, economic development, and sustainable industrial growth.

The partnership establishes a comprehensive framework for joint efforts between both entities to drive innovation, enhance competitiveness, and ensure operational excellence across infrastructure projects. It further supports collaborative initiatives that are closely aligned with Saudi Arabia’s national development priorities and the ambitious objectives of Vision 2030, fostering sustainable growth, economic diversification, and long-term investment opportunities.

KSIADC Chief Delivery Officer James Young stated that the MoU strengthens collaboration with key government entities, advances infrastructure projects to meet the highest standards of quality and efficiency, and supports national development while enhancing Saudi Arabia’s position in the global aviation sector.

RIPC Chief Executive Eng. Fahad bin Sulaiman Al Badah reaffirmed the center’s commitment to working closely with KSIADC to ensure integration across various projects, noting that the MoU will promote shared knowledge and expertise and drive innovation in infrastructure development.

The agreement focuses on exchanging data and knowledge, joint planning, and integrated coordination across all phases of the KSIA project. It also includes mechanisms for institutional alignment, sharing best practices in project and infrastructure management, overcoming challenges, and advancing sustainability initiatives in compliance with environmental standards.

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