Several investment companies and investors interested in privatization projects attended an investor forum organized by Saudi Arabia’s National Center for Privatization (NCP) in cooperation with Riyadh Bank.
The Center said that developments in the privatization system were taking place at an accelerating pace and with a high level of movement in the targeted sectors and the legislative environment.
A series of opportunities are expected to be presented in the coming years, the Center said.
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.
The Center also clarifies a package of services it offers 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 Center.