NCP awards over 60 contracts worth more than SAR 37.5B: Al-Jadaan

The National Center for Privatization & PPP (NCP) has contributed to the awarding of more than 60 privatization and partnership contracts across eight target sectors since its launch, with a capital expenditure exceeding SAR 37.5 billion, Minister of Finance, Mohammed Al-Jadaan, revealed.

NCP contributed to enhancing the system's operations by adopting the privatization system and complementary regulatory tools that help accelerate and implement projects, the state-run SPA reported.

These remarks came during Al-Jadaan’s participation in the roundtable meeting organized by NCP in collaboration with Industrial and Commercial Bank of China (ICBC) in Beijing, on the sidelines of the Minister of Finance's visit to China.