Dammam Airports Company (DACO)

๐Ÿ“ Dammam, Saudi Arabia๐Ÿ—“ Founded 2017๐Ÿ‘ฅ 324 employees๐Ÿ’ฐ Last funded Jul 2020
In line with the goals of Saudi Vision 2030 and the National Transformation Program, King Fahd International Airport in Dammam was corporatized in July 2017 and transformed into the Dammam Airports Company (DACO). The inauguration of DACO is part of the prospective vision towards the development of the national airports industry, starting with King Fahd International Airport. DACO also aspires to extend its services to other local and international airports in the future. It seeks to develop the infrastructure, and operate, upgrade and maintain airfield facilities. DACO also plans to control commercial and investment relations, operate air freights and raise the operational capacity and efficiency of airports. This is set to enable airports to keep pace with the global air industry, provide a world-class travel experience for passengers, and allow for investment in the next generations of young Saudis.
2
Total investors
1
Early stage
1
Mid stage
0
Late stage
2017
Founded
Investor geography1 country
Saudi Arabia
2
Frequently asked questions
Who invested in Dammam Airports Company (DACO)?
Dammam Airports Company (DACO) has 2 investors on record on gritt.io, including 1 early-stage backers, 1 mid-stage.
When did Dammam Airports Company (DACO) last raise funding?
The most recent investment in Dammam Airports Company (DACO) recorded on gritt.io was in July 2020.
When was Dammam Airports Company (DACO) founded?
Dammam Airports Company (DACO) was founded in 2017.
What industry is Dammam Airports Company (DACO) in?
Dammam Airports Company (DACO) operates in Airlines and Aviation. Find similar Airlines and Aviation investors on gritt.io.
Where is Dammam Airports Company (DACO) based?
Dammam Airports Company (DACO) is headquartered in Dammam, Saudi Arabia.