Saudi Arabia’s National Centre for Privatisation & PPP (NCP) has approved 200 projects for privatisation and co-development with the private sector under the public-private partnership (PPP) model in 17 sectors to attract more local and foreign investments.

The new list will update investors on the privatisation opportunities before the government puts them for privatisation, state-owned SPA reported.

Minister of Finance and NCP’s Chairman Mohammed Al-Jadaan stated that the list shows promising opportunities for the local and global private sector entities within the Kingdom’s Vision 2030, bringing new investment to the country.

NCP Chief Executive Officer Muhannad Basudan said details of 140 projects have been published and the remaining ones will be published in the coming period.

(Writing by D Madhura; Editing by Anoop Menon)

(anoop.menon@lseg.com)