SINGAPORE: August 22, 2016. Gateway services company SATS has won a concession to build and operate a cargo terminal at the King Fahd International Airport (KFIA) in Damman, Saudi Arabia.
Capable of handling 150,000 tonnes per annum, SATS plans to open the new cargo terminal that will incorporate a dedicated cold chain facility in the first quarter of 2019.
The company says it has formed a partnership with the Saudi Arabia's General Authority of Civil Aviation (GACA) and KFIA to position the airport as a key air cargo hub in the Kingdom's Eastern Province.
"We believe this strategic partnership with SATS will further enhance KFIA's position as a gateway for cargo," said KFIA director general Turki Al-Jawini. "The introduction of a second cargo terminal operator will result in enhanced services, options and increased air cargo capacity for the marketplace. KFIA looks forward to working together with SATS to grow cargo activity and services," he added.
This is the first time GACA has awarded a cargo handling contract to a foreign company.
"We have confidence in the future of the Saudi economy and in the continued growth of Dammam as the major industrial city in the Eastern Province," said Alex Hungate, SATS president and CEO. "We look forward to working with our airline customers to connect KFIA into our growing network of cargo hubs across Asia and the Middle East."