The Future of International Aviation Conference in Riyadh on May 9 - Investment Opportunities of $100 Billion

news image

RIYADH - On the ninth to the eleventh of next May, the Future of Aviation Conference will be held in Riyadh, organized by the General Authority of Civil Aviation, with great investment opportunities in the sector amounting to $100 billion by 2030.
The conference, which will be attended by a number of transport ministers, heads of civil aviation authorities and specialists from international and regional organizations concerned with the civil aviation sector, will discuss investment opportunities in the civil aviation sector and highlight the possibility of investing in promising opportunities and expanding in the aviation sector to achieve the sector’s strategic vision of being a center for global aviation. The conference is concerned with several specialized sessions on investment opportunities and the contribution of civil aviation to economic growth. The session will focus on participants from the private sector and their perspective on investment opportunities in the field of aviation in the Kingdom, in addition to the three main themes of the conference, which are “innovation, growth and sustainability as major and influential themes.” in the civil aviation industry.
The conference achieves one of the objectives of the civil aviation sector strategy emanating from the national strategy for transport and logistics to become an integrated and unique global conference that provides huge investment opportunities, taking advantage of the Kingdom’s strategic location among the three continents of the world, which enhances its attractiveness as a global logistics platform, to make the Kingdom a hub Global aviation with investments amounting to $100 billion by 2030, establishing a new and huge airport in Riyadh and eight other airports distributed in the Kingdom’s regions, including four airports in partnership with the private sector, in addition to launching a new national airline to enhance air transport, while the vision aims The strategy of the Civil Aviation Authority is to double the capacity and reach 330 million passengers, from more than 250 destinations in the world, and to reach 4.5 million tons of cargo in freight.
The Future of Aviation Conference provides the opportunity to participate in the world of aviation in the Kingdom amid unprecedented opportunities, after the rapid developments witnessed by the sector to become a center for global aviation and the most prominent in the Middle East, “in addition to encouraging the conclusion of commercial deals and unifying global efforts to develop the air transport industry.” and formulating policies and regulations to keep pace with global developments and changes.
The conference aims to find solutions that contribute to the prosperity of the civil aviation sector in the coming years, especially since the phase the sector is going through necessitates the importance of activating global cooperation activities in civil aviation and enabling collaborative work to support the realization of ambitions and innovation and the development of the necessary policies to ensure a promising future for the sector, and to be a forum for senior citizens. Industry leaders at the Aviation Future Conference in Riyadh, and cooperate to drive ambition, innovation and policy-making necessary to ensure a promising future for this industry.
The conference will be launched in the presence of a group of representatives of the civil aviation sector around the world, and high-level civil aviation leaders from various countries and organizations, in addition to the CEOs of a number of international air transport companies, and a group of businessmen, amid the participation of more than 120 speakers, and 40 sessions will be held distributed over three days to anticipate the future of aviation.