- The strategy foresees more than 220 new public-private partnership contracts by 2030
- Aims for an initial investment of $64 billion (SAR 240 billion) in direct investments
- Expands private sector participation in new and existing projects
- National privatization strategy accelerates achievement of economic diversification goals of Saudi Vision 2030
RIYADH, Saudi Arabia, January 29, 2026 /PRNewswire/ — The Kingdom of Saudi Arabia has launched a new national privatization strategy to significantly expand the role of public-private partnerships (PPPs) in the delivery and operation of large-scale projects and advance economic diversification in line with Saudi Vision 2030.
Led by the National Center for Privatization and PPPs (NCP), the strategy provides unprecedented opportunities for long-term foreign direct investment in initiatives aimed at improving the quality and efficiency of the Kingdom’s infrastructure and public services, strengthening the role of the private sector in sustainable economic development, enabling the government to focus on its legislative, regulatory and oversight roles, and improving fiscal sustainability.
Saudi Minister of Finance and Chairman of the Board of Directors of the NCP, His Excellency Mr. Mohammed bin Abdullah Al-Jadaan, said:
“In the Kingdom, we strive to build high-quality and efficient infrastructure for the future, ensuring that public services provided to citizens, residents and visitors are among the best in the world, while strengthening the Kingdom’s position as a global benchmark in public-private partnerships.”
The National Privatization Strategy aims to increase residents’ and visitors’ satisfaction with public services in 18 targeted sectors, create tens of thousands of high-quality jobs, sign more than 220 PPP contracts by 2030, and mobilize more than $64 billion (SAR 240 billion) in private investment by 2030.
The launch of the strategy marks the transition from the foundational phase – successfully completed under the 2018 privatization program – to a new phase focused on execution and accelerated delivery. The strategy will open up new sectors for private sector investment locally and internationally, including transport and logistics, water, health and education infrastructure and real estate, enable participation in larger and more complex projects, increase financing opportunities, as well as accelerate new partnerships and reinvestment in mature projects.
The government will seek partners for projects such as the Saudi Landbridge connecting the east and west coasts via Riyadh, several education infrastructure projects, water desalination, processing and strategic reservoir, as well as international airports.
The strategy establishes five core programs related to planning, regulation, human capital, awareness and prioritization, to enable and advance the privatization ecosystem. These are supported by 42 executive initiatives to achieve its objectives and contribute to the privatization objectives of Vision 2030. It also includes an executive program dedicated to the identification and prioritization of privatization opportunities, with over 145 priority opportunities identified, representing attractive investment prospects for the private sector.
The 2018 privatization program achieved several key milestones, including the creation of the National Center for Privatization & PPP (NCP)the approval of more than 200 projects with total investments estimated at around $213 billion and the signing of nearly 90 contractsincluding asset sales and PPP contracts in several sectors.
The program also helped strengthen private sector participation, improve the operational efficiency of government assets, and advance the legislative and regulatory environment that supports investment – thereby supporting economic diversification objectives and improving the Kingdom’s competitiveness regionally and globally.
For more information contact: James Drewer, Ways, James@ways-sa.com
About the National Center for Privatization & PPP (NCP)
The National Center for Privatization and PPP (NCP) is the driving force behind Saudi Arabia’s Private Sector Participation (PSP) ecosystem. Established in 2017, the NCP reports directly to the Council for Economic and Development Affairs and plays a critical role in the development of world-class infrastructure and public services, thereby contributing to the Kingdom’s sustainable development goals, in line with Saudi Vision 2030.
The NCP brings together public and private actors, as well as government decision-makers to unlock the full potential of the private sector and participate in privatization and public-private partnership (PPP) projects. This collaborative approach leverages private sector expertise and innovation to deliver impactful PPP projects.
Learn more about the PCN here
https://www.ncp.gov.sa/en And
https://www.ncp.gov.sa/en/NationalStrategy/Pages/default.aspx
About Vision 2030
Saudi Vision 2030, launched in 2016 by the Saudi government under the leadership of HRH Crown Prince Mohammed bin Salman, is the Kingdom’s roadmap to modernize its society, economy and government. It seeks to diversify the economy by reducing reliance on oil exports and develop other industries, including tourism, mining and finance.
The vision is based on three main pillars: positioning Saudi Arabia as the “heart of the Arab and Islamic world”, becoming a global investment power and transforming the country into a hub connecting Africa and Eurasia.
SOURCE National Center for Privatization & PPP
