Saudi Arabia

Saudi To Privatise Abha, Taif, Hail and Qassim Airports and 4,500KM Roads

Mohannad Basodan, CEO of the National Center for Privatization (NCP), unveiled the plans to privatize the airports of Abha, Taif, Hail and Qassim, as well as about 4,500 kilometres of modern roads in the Kingdom.

In an interview with Al-Arabiya, Basodan said that a series of privatization projects has been announced and these include around 200 approved projects, of which about 140 projects have been made available to local and international investors.

Basodan said that privatization in the health sector includes general hospitals, university hospitals, health services, laboratories and radiology. “In the education sector, it includes school buildings, colleges of excellence, the establishment of model institutions, in addition to water and wastewater treatment projects,” he said.

Basodan noted that these projects are scheduled, and 60 projects were launched in the last period, and there are projects in various phases of the preparation period. He stated that the NCP had succeeded, during the past five years, in awarding contracts for 43 projects, ranging from partnership, sale of assets, or institutional transformation.

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Saudi Gazette

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