Saudi Arabia’s National Center for Privatisation (NCP) has announced the launch of 200 development projects across 17 sectors.
The initiative will provide local and international investors with an opportunity for advanced preparation to ensure their readiness to participate in the projects tendered to the market.
Schemes include four airports, seven desalination plants, six wastewater treatment plants and 10 strategic water reservoirs
According to HE Mohammed Al-Jadaan, Minister of Finance, these projects will increase the attractiveness of the economy, create opportunities for local and international investor and increase private sector contribution to GDP. Additionally, the project pipeline reinforces the strength of public-private-partnership and contributes to attracting new international investments. He also invited the local private sector to make as much use of the announced opportunities.
The minister noted earlier that the financial sector holds the key to the prosperity of the Kingdom’s traditional and digital infrastructure, and that ambitious goals have been set for the development of the financial sector.
