Saudi British Roundtable Explores Bilateral Cooperation Opportunities for Building International Partnerships in the Civil Aviation Sector

January 28, 2025

Led by Eng. Mohammed Alkhuraisi, Vice President of Strategy and Business Intelligence at the General Authority of Civil Aviation (GACA), a civil aviation sector delegation took part in today's Saudi British roundtable meeting in the UK, joining major British aviation companies. The gathering brought together CEOs, officials, and specialists from aviation, airports, and related service sectors.

Discussions centered on strengthening strategic partnerships, fostering economic development, and pursuing opportunities that support Saudi Vision 2030 goals. The meeting highlighted the Saudi Arabia's aviation sector achievements and facilitated the exchange of expertise, opinions, and investment opportunities with private sector stakeholders.

Eng. Alkhuraisi's speech emphasized the robust Saudi British strategic relationship and its key role in fostering economic growth and cultural exchange between the friendly nations. He referenced the recent December agreement targeting $37.5 billion in bilateral trade by 2030, demonstrating the economic significance of this partnership. The relationship's strength is evidenced by the presence of more than 1,000 British companies with Saudi investment licenses and 55 with regional headquarters permits, including BAE Systems and Rolls-Royce.

He explained that Saudi Arabia and the UK maintain strong relations in civil aviation, with the UK representing the Saudi Arabia's primary European market. The total number of travelers between Saudi Arabia and Britain in 2024 more than doubled compared to 2022, reaching 1,338,000 passengers.

He reported that the Saudi Arabia has successfully launched major investments in airline and airport infrastructure, including establishing Riyadh Air as a new national carrier, launching the masterplan for King Salman International Airport (KSIA) in Riyadh, and various other sector infrastructure investments. These initiatives aim to achieve Saudi Vision 2030 and National Aviation Strategy targets of doubling passenger numbers to 330 million annually, increasing the Saudi Arabia's air connectivity to more than 250 destinations worldwide, and increasing air cargo capacity to 4.5 million tons annually.

GACA's VP for Strategy and Business Intelligence wrapped up his speech by urging UK investors and aviation industry representatives to collaborate on developing partnerships, promoting economic growth, and exploring new frontiers that would advance the global aviation sector.

Following that, delegation members presented an overview of the civil aviation system, including airport sector strategies and key achievements, air transport and international cooperation's role in enhancing air connectivity to reach 250 destinations, enabling technology and digital transformation, along with a brief overview of the Saudi airports sector - including implementation mechanisms, investment volume, and business opportunities - while highlighting investment in the Saudi aviation sector, enabling factors, and incentives.

The delegation also participated in the civil aviation supply forum, where several meetings were held with UK aviation industry representatives from the British Aviation Group (BAG), representatives from the British Air Navigation Company, the British Civil Aviation Authority, and several globally leading companies, with government representatives from the British Embassy to the Saudi Arabia in attendance. These meetings discussed available investment opportunities in civil aviation and airport development.

The visit aims to expand international cooperation and exchange expertise in civil aviation, supporting Saudi Vision 2030 goals of establishing Saudi Arabia as a global aviation hub. It seeks to attract global investors, strengthen Saudi-US economic ties, and showcase Saudi Arabia's aviation initiatives to create more travel options, attract quality investments, and enable private sector opportunities in both countries.