PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609410

Primary Business Area

Transaction Advisory

Disclosure Date

Apr 27, 2026

Country

Saudi Arabia

Region

Middle East

IFC Approval Date

Feb 18, 2025

Status

Active

Estimated Total Budget

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

Last Updated Date

Apr 28, 2026

Project Estimated Start Date

Nov 5, 2024

Project Estimated End Date

Nov 30, 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 Taif International Airport in the Kingdom of Saudi Arabia. The PPP contract will include the design, construction, financing, operation, and maintenance of the airport (the “Project”). In its role as strategic advisor, IFC will work in close coordination with the Client’s appointed consultants to ensure the transaction is bankable and aligned with best practices. The Project will be tendered through a competitive two-stage process, starting with the RFQ to shortlist eligible bidders, 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 significant private sector investment and expertise for the delivery and long-term operation of Taif International Airport.

Development Results

E&S Risks / Impacts and Mitigation