Following the official media announcement in April, NCP launched a global marketing campaign to promote its Project Pipeline consisting of 200 projects in 16 sectors.
The campaign provides an opportunity for local and international investors to preview the current and upcoming Privatization and PPP projects pipeline in the Kingdom before tendering in order to provide potential investors with sufficient time to prepare. Such an exercise is in line with NCP’s commitment to full transparency.
NCP’s pipeline can be considered one of the largest pipelines available today in the region, and perhaps globally. It is a result of the commitment the Kingdom and its institutions provide towards the participation of the private sector in contributing to Saudi Arabia’s economic development and raising the standard of services and overall quality of life for citizens and residents - all of which are key pillars of Saudi Arabia’s Vision 2030.
Saudi Arabia is becoming one of the most attractive destinations for privatization and PPP projects. In April, the Ministry of Health in cooperation with NCP launched an Expression of Interest (EOI) phase for three extended care projects, over 420 applications were received form 19 different countries. Additionally, in June, the Crown Prince, HRH Mohammed Bin Salman announced the privatization of sports clubs in Saudi Arabia. The goal is to raise the Saudi football league's commercial revenues from SR.450 million in 2022 to over SR.1.8 billion annually while generating private-sector investment opportunities and increasing the market value of the League from SR.3 billion to more than SR. 8 billion by 2030.
Nesma Holding has announced that it will invest over SAR 3.45 billion (US$919 million) into NEOM’s residential communities in Saudi Arabia.
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The Saudi Water Partnership Company (SWPC) has announced that it had received private bids from 4 consortia for the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh, Saudi Arabia
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Saudi Arabia's government has announced the opening of the Red Sea International Airport.
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ACWA Power has officially inaugurated Jubail 3A independent water desalination plant (Jazlah Water Desalination Company) in Saudi Arabia.
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Webuild has announced that its consortium signed a contract worth EUR1.4 billion (US$1.5 billion) to design and build 57 km of a high-speed railway in NEOM, along the north Red Sea coast of Saudi Arabia.
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