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Saudi Arabia: Public Investment Fund (PIF) announces the launch of the first local commercial helicopter company

Description

On 11 March 2019, the Saudi Public Investment Fund (PIF) announced the launch of its first local commercial helicopter company. The company was founded with an estimated capital of 565 Million SAR (1...

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Intervention Details

Intervention Type

Financial investment support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Mar 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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