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RIYADH: In a move to foster greater participation of the banking sector in Saudi Arabia’s privatization drive, the National Center for Privatization & PPP, known as NCP, has signed a cooperation agreement with Banque Saudi Fransi. The agreement will see both parties working toward establishing a cooperative framework to support privatization and public-private partnership
Mohannad Basodan has been the CEO of the National Center for Privatization and PPP since October. The center has recently announced that the newly launched National Infrastructure Fund will play an integral role with the National Center for Privatization by providing financing and credit support to stimulate private sector participation in achieving the goals of the Saudi