Deal will monitor the alignment of future airport projects across the Kingdom
Riyadh, Saudi Arabia headquartered MATARAT Holding Company recently signed a three-year contract to provide consulting services with France’s Egis company. The contract was signed in Riyadh by Mohammed Almaghlouth, CEO, MATARAT and Alaa AbuSiam, CEO, Egis, Middle East and South Asia.
This contract is a step towards establishing phased project management portals, updating airport project management policies and procedures, and providing technical support for planning, designing, and following up the implementation of capital projects with MATARAT subsidiaries (Riyadh Airports Company, Jeddah Airports, Dammam Airports, and Cluster2).
“This contract focuses on providing support in several major areas and activities, which include strategic planning for projects, building an asset management guide, preparing a unified guide for engineering specifications for designing and implementing projects, and following up on continuous improvement of their performance,” observed Turki Almubadal, Executive Vice President, Projects and Technical Affairs, MATARAT.
National Aviation Strategy
This step will contribute to achieving the objectives of the National Aviation Strategy deriving from the National Strategy for Transport and Logistics Services, one of the outputs of Saudi Vision 2030, which aims to increase international destinations to 250, and passenger capacity to 330 million, according to a corporate press communique.
“The Aviation industry has always been one of our key strengths at Egis, both regionally and globally, and as such, we are extremely delighted to be partnering with MATARAT to be part of one of the most transformative projects in the Middle East region.,” affirmed Alaa AbuSiam.
The project is designed to provide support for strategic planning to define and plan a portfolio of five-year projects, work on the comprehensive program plan for the Kingdom’s airports. It will monitor the alignment of future projects and programmes outputs with the strategic and governance objectives of MATARAT.
The contract includes designing a practical guide for project implementation, quality control and safety procedures, and the work of a matrix to improve design specifications and standards in alignment with international best practices and environmental and sustainability requirements, the press communique concluded.
