Saudi PIF invests in building extensive MRO facility

By [e]Suad
  • World

  • Friday, 22 Dec 2023

RIYADH, Dec. 21 (Xinhua) -- Saudi Public Investment Fund (PIF) has decided to invest in building a massive aircraft maintenance, repair, and overhaul (MRO) facility at the Saudi port city of Jeddah.

Saudia (Saudi Arabian Airlines) Group's maintenance division, Saudia Technic has secured the investment upon reaching an agreement on Thursday with the PIF, the Saudi Press Agency reported.

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