Madinah Airport

TAV Airports undertook the build-operate-transfer project of Madinah Airport, the first airport privatization project in Saudi Arabia, together with its consortium partners. Beginning to operate Madinah Airport on June 30th, 2012, the consortium put the passenger terminal, which was renovated by an investment of approximately $1.2B, into operation in April 2015. The new terminal building became the first Leadership Energy Environmental Design (LEED) certificated building in the Middle East and North Africa region. The consortium will continue operating the airport until at least May 2041.