A senior director within Saudi Arabia’s National Centre for Privatization & PPP (NCP) has urged the private sector to get involved in the country’s PPP programme or risk “missing the train”.
Speaking during a Partnerships Bulletin webinar, Abdulelah Aleidan, senior director of infrastructure advisory and head of transport at the NCP, said Saudi Arabia “has a lot to develop in a short space of time”, and PPPs can help to expedite that delivery.
He urged global players to “jump in and see what you can do, or you are going to miss the train”.
Aleidan pointed out that Saudi Arabia’s pipeline not only consists of 200 approached projects - plus a further 300 waiting for approval - those deals are spread across 16 sectors, “which is unique and shows that the Kingdom is serious about PPP”.
He said that the country aims to benefit from tapping into the wider experience and expertise of international players, so as to deliver the required projects.
The webinar also heard from Terry Wong, executive director for regional and urban mobility at the Neom megacity project, as well as experts from sponsors Affinitext, Deloitte and Herbert Smith Freehills.
To watch a recording of the webinar, click here.