NCP to Showcase Its Projects at CCPPP Conference in Toronto

The National Center for Privatization & PPP (NCP) is slated to participate for the first time in the Canadian Council for Public-Private Partnerships’ (CCPPP) conference, an annual event that this year takes place in Toronto, Canada, from November 13 to 14, according to an NCP press release.

According to the release, the CCPPP conference, the 31st this year, is acknowledged as “one of the world’s premier PPPs events that bring together hundreds of senior public and private sector leaders from Canada and around the world.”

NCP will be represented by a senior executive management delegation.

“During the event, NCP will showcase the pipeline of upcoming investment opportunities in sectors such as transport, water, education, housing, health and sports. This represents one of the largest PPP portfolios globally, encompassing more than 200 economic and social infrastructure projects across 16 sectors, with an estimated total investment of $100 billion. In addition, there are a further 300 projects at various stages of preparation. This clearly demonstrates the Kingdom’s commitment to the private sector-led transformation that is a core part of Vision 2030. One of the objectives of NCP is to establish contacts with potential partners for these projects, such as contractors, developers, banks and financial institutions and various consultants and specialists’ firms,” said the release.

NCP is the Saudi PPP unit that was established in 2017 to support the government’s Vision 2030 strategy. Vision 2030 aims to bring about a fundamental shift in the Saudi economy, partly by increasing the contribution of the private sector and diversifying away from its reliance on oil, thereby accelerating economic growth and improving the quality of life for its citizens.