Clifford Chance

Draft Private Sector Participation Law published for public consultation

16 July 2018

Hot on the heels of the Privatization Projects Manual, the National Centre for Privatization (NCP) has published a draft of the Private Sector Participation Law (the Draft PSP Law). The Draft PSP Law will form a key pillar of the legislative framework for Public Private Partnership (PPP) and Sale of Assets (SOA) projects in the Kingdom, alongside the Privatization Projects Manual and the Rules of Conduct of the Supervisory Committees of PSP Targeted Sectors (approved by Council of Ministers Resolution No. 665 dated 8/11/1438H (corresponding to 31 July 2018)).

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