Public Projects & PPP

Saudi Arabia has been actively promoting public-private partnerships (PPPs) as part of its Vision 2030 initiative, aimed at diversifying the economy, reducing dependence on oil revenues, and fostering private sector participation in public infrastructure projects. The legal framework governing PPPs and public projects is designed to encourage investment, ensure transparency, and promote sustainable development.

Key Legal Frameworks

1. Saudi Public-Private Partnership Law
2. Privatization Law
3. Government Tenders and Procurement Law

Key Regulatory Bodies

1. National Center for Privatization (NCP)
2. Saudi Public Investment Fund (PIF)

Types of PPP Models

1. Build-Operate-Transfer (BOT)
2. Build-Own-Operate (BOO)
3. Design-Build-Finance-Operate (DBFO)
4. Lease-Develop-Operate (LDO)

Recent PPP Projects and Initiatives

1. Healthcare Sector
2. Education Sector
3. Transportation and Infrastructure

Saudi Arabia’s Vision 2030 has set the stage for a significant transformation of the public sector through the promotion of PPPs. The legal framework and regulatory environment are continuously evolving to support these initiatives, making the Kingdom an attractive destination for private investment in public infrastructure and services.