The Privatization Program is focused on strengthening the private sector by providing access to government assets and boosting service delivery. This leads to better quality services, cost savings, greater economic diversity and growth, and increased competitiveness for the Kingdom. With a thriving private sector, the Program is able to concentrate on its key role of creating laws and regulations that drive innovation and growth. Under Vision 2030, the private sector plays a central role in driving the economy of Saudi Arabia forward.

Launched in 2018, the Privatization Program is laser-focused on supporting the growth of the national economy and enhancing the role of the private sector. The Program identifies government assets and resources in a number of sectors for privatization, with the aim of improving the quality of services offered to citizens and businesses, as well as reducing costs. Numerous sector privatization strategies are being developed across transport, health, education, and municipal affairs.

By unlocking Saudi Arabia's private sector, the Program is driving an innovative and transformative Kingdom, growing its new economy, empowering its citizens and delivering a future full of opportunity.

Major achievements of the Program include the enactment of the Saudi Privatization Law and establishment of the National Center for Privatization and Public Private Partnership (NCP). The Law establishes the rules and procedures for identifying government assets and services that can be privatized, while the NCP helps to create privatization frameworks and prepare these assets for privatization. The NCP also develops a pipeline of sectors and government assets that can be privatized or improved through private sector participation, maximizing their impact in the economy and society, and fiscal stability of the Kingdom.

These efforts are a testament to the Program's commitment to creating a welcoming business environment to attract private sector investment, and drive innovation and progress in Saudi Arabia.

H.E. Mr. Mohammed Abdullah Al-Jadaan

Chairman of the Program, Minister of Finance, & Member of the Council of Economic and Development Affairs

The Privatization Program is driving growth for the private sector in Saudi Arabia by providing dynamic services, unlocking the potential of government assets, empowering its capabilities, and fostering exciting new opportunities.

Board Members

Minister of Environment, Water and Agriculture

H.E. Eng. Abdulrahman Abdulmohsen AlFadley

Minister of Investment

H.E. Eng. Khalid Abdulaziz Alfalih

Minister of Municipal and Rural Affairs and Housing

H.E. Mr. Majed Abdullah AlHogail

Minister of Human Resources and Social Development

H.E. Eng. Ahmed Solaiman Al-Rajhi

Minister of Education

H.E. Mr. Yousef Abdullah Albenyan

Chairman of Local Content and Government Procurement Authority

H.E. Mr. Bandar Ibrahim Alkhorayef

Minister of Transport and Logistics Services

H.E. Eng. Saleh Nasser Al-Jasser

Minister of Economy and Planning

H.E. Mr. Faisal bin Fadel Al-Ibrahim