شخصية اليوم أحدث الأخبار

Database of privately financed projects are created by Saudi Arabia

Princess Tarfa

According to Hani Al-Sayegh, director-general of strategic communication and marketing at the National Center for Privatization, the Register of Privatization Projects serves as a detailed central database of documents related to privatization projects. Its aim, according to Al-Sayegh, is to share information about privately funded schemes while it also protects confidential information about specific projects. Any concerns about privatization procedures will also be investigated by the body.

“Because of the effect of the pandemic, we have continued to hold virtual meetings. We are now planning to plan various activities with the private sector as soon as the precautionary measures are lifted and health requirements are met,” Al-Sayegh confirms.

Last week, the Saudi Cabinet announced plans to privatize 16 primary sectors in an effort to increase the private sector's position in the Kingdom's economic growth.

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