National Center for Privatization Holds Investors Forum

Thursday 1443/6/17 - 2022/01/20
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Riyadh, Jan 20, 2022, SPA -- The National Center for Privatization (NCP) held an investor forum in cooperation with Riyadh Bank, in the presence of a number of investment companies and investors in the Kingdom of Saudi Arabia interested in privatization projects.
The Center explained that developments in the privatization system are taking place at an accelerating pace and with a high level of movement in the targeted sectors, the legislative environment and the series of opportunities expected to be presented in the coming years.
It pointed that the forum aims to introduce investors to the sectors targeted by privatization and investment opportunities in these sectors, enhance the principle of transparency and clarity, and encourage them to participate in these opportunities, and clarification of a package of services being provided by the Center to enable companies and investors to participate in the project offerings.
NCP also confirmed that the legislative framework of the system was recently supported by the adoption of the executive regulations of the privatization system as a major part of the components of the overall regulatory framework for privatization, which includes the privatization system and the rules governing privatization and the organization of the National Center for Privatization.
21:32 LOCAL TIME 18:32 GMT