PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609348

Primary Business Area

Transaction Advisory

Disclosure Date

Mar 8, 2026

Country

Saudi Arabia

Region

Middle East

IFC Approval Date

Dec 20, 2024

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Mar 16, 2026

Project Estimated Start Date

Oct 6, 2024

Project Estimated End Date

Oct 31, 2026

Client Legal Name

Matarat

Project Description

IFC’s PPP Transaction Advisory Services Unit will support Matarat Holding, in structuring and implementing a PPP transaction for the development of Abha Airport in the Kingdom of Saudi Arabia. The PPP contract will include the design, construction, financing, operation, and maintenance of the airport. In its role as strategic advisor, IFC will work closely with the Client’s appointed consultants to ensure the transaction is bankable and aligned with international best practices. The Project is being tendered through a competitive two-stage process, which started with the RFQ stage and followed by the RFP to select the winning bidder. The expected outcome is the signing of the Project Agreement with the selected private sector sponsor, enabling mobilization of private sector investment and expertise for the delivery and long-term operation of Abha Airport.

Development Results

E&S Risks / Impacts and Mitigation