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5/8/2018 AD

 Governor of PPA: The privatization program provides many investment opportunities for the Agency

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His Excellency the Governor of PPA,  member of the Board of Directors of the National Program for Privatization Mr. Mohammed T. Al-Nahhas congratulated the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Minister of Defense and Chairman of the Board of Economic and Development Affairs for the adoption of the privatization program which considered one of the vital programs for the vision of the Kingdom 2030. "The Privatization Program is one of the cornerstones of the development of the national economy in the light of Kingdom vision 2030. It creates promising opportunities to diversify the investment funds of PPA and provides many local investment opportunities," His Excellency said.
 
 The Privatization is one of the programs of the Kingdom's Vision 2030. It aims to enhance competitiveness, to improve the quality of service and economic development and to improve the business environment. In addition, it removes obstacles that could limit the private sector's role in the development of the Kingdom and it focuses on developing and activating the legislative system related to privatization, which aims at fair procedures with private sector, and, most importantly, protect the rights of beneficiaries of services and raise the quality and comprehensiveness
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