Saudi privatization drive picks up space as 140 projects offered for investment

Up to 140 projects in Saudi Arabia, including four airports and 4,500 km of road developments, are open for private investment as the Kingdom pushes ahead with its economic diversification plan.

Spread over 17 sectors, the National Center for Privatization unveiled more details about its approved projects, including Abha, Taif, Hail, and Qassim airports, made available to local and international investors.

“The Kingdom has the largest series of privatization projects in the region, which include various qualitative investments, and these are made available in advance to allow investors to prepare well before their offering,” NCP CEO Mohannad Basodan said in an interview with Al-Arabiya.

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