GMR Group Among Five Shortlisted Bidders for $800 Million Taif International Airport Project in Saudi Arabia
GMR Airports has been shortlisted as one of five bidders for the $800 million Taif International Airport project in Saudi Arabia. The project, announced by the National Center for Privatisation & PPP, will be executed under a 30-year build-transfer-operate model. The new airport will feature a commercial passenger terminal designed to meet projected capacity requirements through 2055, along with support buildings, utility networks, and transportation infrastructure. It is strategically planned to serve as an alternative airport for Umrah pilgrims.

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GMR Airports has successfully qualified as one of the five shortlisted bidders for the $800 million new Taif International Airport project in Saudi Arabia, marking a significant milestone in the company's international expansion efforts. The qualification was announced by the National Center for Privatisation & PPP, positioning GMR Airports among the select few contenders for this major infrastructure project.
Shortlisted Bidders
The competitive bidding process has narrowed down to five qualified consortiums, each bringing substantial expertise in airport development and operations:
| Bidder | Details |
|---|---|
| GMR Airports | Indian infrastructure conglomerate |
| Bengaluru International Airport Ltd–Tamasuk | Joint consortium |
| TAV Airports–Mada International Holding | Combined consortium |
| Daa International-led consortium | Ireland-based group |
| Kalyon Insaat consortium | Construction consortium |
Project Structure and Timeline
The Taif International Airport project will be executed under a comprehensive public-private partnership framework. The structure follows a build-transfer-operate model, providing the selected developer with operational control while ensuring eventual transfer to the government.
| Parameter | Details |
|---|---|
| Project Value | $800.00 million |
| Concession Period | 30 years |
| Framework | Build-transfer-operate basis |
| Construction Phase | Included in concession period |
Airport Infrastructure and Facilities
The new Taif International Airport will feature comprehensive infrastructure designed to meet current and future aviation demands. The project scope encompasses a commercial passenger terminal specifically designed to match projected capacity requirements and anticipated passenger demand patterns.
Key infrastructure components include:
- Commercial passenger terminal with capacity-matched design
- Support buildings for operational requirements
- Comprehensive utility networks
- Car parking facilities
- Access roads and transportation infrastructure
Future Expansion Capabilities
The project design incorporates flexibility for future growth, allowing for expansions to meet additional subsystem requirements as demand evolves. The National Center for Privatisation & PPP emphasized that the airport infrastructure will be designed to accommodate projected passenger demand growth through 2055.
The new facility is strategically planned to serve Umrah pilgrims as an alternative airport within the region's multi-airport system, enhancing the overall capacity and efficiency of Saudi Arabia's aviation infrastructure for religious tourism.
Historical Stock Returns for GMR Airports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.61% | +1.49% | -1.26% | +23.14% | +29.44% | +297.09% |















































