‎ NCP signs cooperation agreement with ‎Credit Agricole CIB

In the presence of His Excellency the Minister of Finance, Chairman of the Board of Directors of ‎the National Center for Privatization & PPP (NCP) and the Global CEO of Credit Agricole CIB, NCP ‎today signed a Cooperation Agreement with Credit Agricole CIB. The Agreement aims to ‎facilitate and enhance cooperation between NCP and Credit Agricole, including exchange of ‎knowledge and expertise, with a view to enhance the investment environment in sectors ‎targeted for privatization and Public-Private Partnership (P&PPP).  The Agreement was signed by ‎the NCP Chief Executive Officer (CEO), Mohannad Basodan and the CEO of Credit Agricole CIB, ‎Mohammed Naeem Khan.‎

This agreement complements similar agreements that NCP has signed with local Saudi banks, ‎by allowing NCP to benefit from both local and international financial expertise in developing ‎and implementing P&PPP projects.  The anticipated co-operation may encompass market ‎soundings, advising on financial structuring and related issues, and organizing local and ‎international events targeting potential investors.‎