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Saudi Arabia takes part in International Sugar Organization in Fiji

RIYADH: The Kingdom recently participated in the 60th session of the International Sugar Organization, the Saudi Press Agency reported. It also took part in workshops on the sidelines of the session, which took place in Fiji between Aug. 15-19. The Kingdom was represented by the Saudi Grains Organization. ....

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Privatization Program enhances economy and improves services


Privatization Program enhances economy and improves services
May 03, 2021
Among the privatization venture is the container terminal development project in Jeddah Islamic Port.
RIYADH The Privatization Program, which was launched in 2018, has sought to identify the government assets and services that can be privatized in a number of targeted sectors, develop the privatization system and mechanisms, define partnership frameworks between the public and private sectors to enhance the quality and efficiency of public services, and support contribution to economic development
The program has worked on enhancing the role of the private sector in providing services with an access to government assets in a way that improves the quality of services in general and reduces their costs by refocusing the government s legislative and regulatory role entrusted to it and in line with the Kingdom s Vision 2030. ....

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Nadec announces winning joint tender to acquire flour mill


Nadec announces winning joint tender to acquire flour mill
April 21, 2021
File photo of a solar plant at Nadec city in Haradh.
RIYADH The National Agricultural Development Company (Nadec) announced the awarding of joint tender offered by Nadec and the “coalition members” to acquire one out of two flour mills that were floated for privatization by the National Center for Privatization and Saudi Grains Organization.
The value of the contract stands at SR2.138 billion, where financing the acquisition deal is intended to be provided to the second mill company through a mix of self-finance by the coalition members and a loan from local banks with the name of the company. ....

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100 Chinese Companies to Enter Privatization Projects in Saudi Arabia


Tuesday, 20 April, 2021 - 10:45
Saudi Arabia s National Agricultural Development Company (NADEC) teams up with OLAM International Limited, Al Rajhi International for Investment and Abdulaziz Alajlan & Sons Company for Commercial and Real Estate Investment, to bid for one of two mills being privatized in the kingdom | Asharq Al-Awsat
Riyadh- Asharq Al-Awsat
A virtual forum held by Saudi Arabia’s National Center for Privatization & PPP (NCP) on Monday was attended by 100 Chinese investors and companies interested in privatization projects in the kingdom.
The forum comes as part of NCP’s periodic meetings and interaction plan with all local and international investors, according to a statement released by the Saudi Press Agency (SPA). ....

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