National Privatization Program

The National Privatization Program is one of the programs for delivering Saudi Vision 2030, launched in 2018 as one of the medium-term entities that accelerate delivery of the Vision and strengthen integration and coordination of efforts among the various entities.[1]

The Program completed its work at the end of 2025, with the framework represented by the National Center for Privatization and the National Privatization Strategy continuing to work on widening the scope of delivery and identifying further assets suitable for privatization, thereby supporting private sector participation and raising the efficiency of the services provided and of government asset management.[1]

Privatization aims to support private sector participation and to raise the efficiency of the services provided and of government asset management.[1]

The strategic objectives of privatization are to raise the quality and efficiency of infrastructure and public services for the residents of the Kingdom of Saudi Arabia, to contribute to economic development, to reduce the government's operational role in delivering public services, to strengthen financial sustainability, and to create an enabling environment for privatization.[2]

The National Center for Privatization was established, and the Privatization Law was adopted to organize the regulatory frameworks and procedures, to define the assets and services concerned, and to prepare the sectors open to privatization and development so that they are ready for privatization.[1]

The Program's committee is chaired by the Minister of Finance, Mohammed bin Abdullah Al-Jadaan, who is a member of the Council of Economic and Development Affairs.[1]

Among the Program's achievements are the establishment of the National Center for Privatization, the preparation of vital sectors and their opening to privatization, and the adoption of the Privatization Law and the preparation of its regulatory frameworks and tools.[1] The Program sits within the system of Vision Realization Programs alongside other programs, including the National Transformation Program.[1]

The Program resulted in the privatization of 12 government assets and in about 90 public-private partnership contracts.[1]

The total value of investments delivered from public-private partnership operations reached more than 180 billion riyals, while the financial value of government spending efficiency from partnership operations reached more than 20 billion riyals, within the path of economic diversification addressed by the National Investment Strategy.[1]

The National Privatization Strategy aims to reach total private sector investments from privatization operations of 240 billion riyals by 2030.[2]

To this is added the target of achieving value for money from partnership operations of 43 billion riyals, and net government revenues from privatization projects of 27 billion riyals by the same year.[2]

The Strategy aims to sign 221 contracts resulting from public-private partnership by 2030, extending the diversification path addressed by the National Industrial Strategy.[2]

The Ministry of Sport and the National Center for Privatization announced the offering of five clubs to investors, namely Al-Riyadh, Abha, Al-Fateh, Al-Tai and Al-Shoula.[3]

The Ministry of Health, the Ministry of Defense and the National Center for Privatization announced the launch of the request for expressions of interest and the request for qualification stage for the project to provide national chronic kidney disease care and dialysis services under the public-private partnership model, through a design, refurbishment, financing and maintenance contract in addition to a clinical services model for six years.[4]

In the Makkah region, a project to complete and operate Umm Al-Qura University Hospital in partnership with the private sector was launched through a design, construction, financing, operation and maintenance contract for 30 years and with a capacity of 391 beds, reviving a strategic state asset by activating an existing hospital and converting it into an integrated university hospital operating at full operational capacity.[5]

Q: What is the National Privatization Program? A: It is one of the programs for delivering Saudi Vision 2030, launched in 2018 as one of the medium-term entities that accelerate delivery of the Vision and strengthen integration and coordination of efforts among the various entities.

Q: What is the Program's delivered impact? A: The privatization of 12 government assets, about 90 public-private partnership contracts, investments worth more than 180 billion riyals, and a financial value for government spending efficiency of more than 20 billion riyals.

Q: What are the privatization targets by 2030? A: 240 billion riyals in private sector investments from privatization operations, 43 billion riyals in value for money from partnership operations, 27 billion riyals in net government revenues from privatization projects, and 221 signed public-private partnership contracts.

Q: Did privatization continue after the Program's work ended? A: Yes, the National Center for Privatization and the National Privatization Strategy continue to widen the scope of delivery and to identify further assets suitable for privatization, thereby supporting private sector participation and raising the efficiency of the services provided and of government asset management.

Q: What are the most prominent projects offered under the partnership model? A: The national chronic kidney disease care and dialysis project, and the project to complete and operate Umm Al-Qura University Hospital in the Makkah region, alongside the offering of five sports clubs to investors.

The National Privatization Program combines a delivered impact that includes the privatization of 12 government assets, about 90 partnership contracts and investments exceeding 180 billion riyals, with defined targets through 2030 led by private sector investments of 240 billion riyals, as the framework continues to work on widening the scope of delivery after the Program's work ends.[1][2]