Saudi Arabia has been considered for many years as primarily an oil based economy, thereby providing Saudi with large fiscal surpluses to propel its ambitious economic expansion. The Saudi Arabian government, for the first time, are encountering a new and very real challenge to infrastructure project funding in this post oil boom economy. Consequently, PPPs have become increasingly attractive as a procurement model to provide value-for-money in large and complex infrastructure projects. Vision 2030 set out ambitions to use private sector finance to deliver public services through PPPs, concession-based procurement models and privatization.
Including a key note address from ACWA Holding’s Rasheed Al Rasheed, one of the Kingdom’s most well known and respected leaders in project finance, this event will look at the Kingdom’s progress since the launch of Vision 2030, the opportunities still to come and the challenges that lay ahead of for privatisation and PPPs in Saudi Arabia.
8.00 am Registration and networking
8.30 am Welcome & Introduction
David Charlier, Partner, Ashurst LLP
8.40 am Keynote Address
Rasheed Al Rasheed, Board Member, ACWA Holding
9.00 am Panel Discussion
Chaired by: David Charlier, Partner, Ashurst LLP
Panelists:
TBC - Rasheed Al Rasheed, Board Member, ACWA Holding
Muneer Ferozie, Regional Manager and Head Middle East and North Africa Region, IFC - PPPs and Privatization Financial Advisory
Dr. Nasser Saidi, Chairman, CEBC and former Chief Economist for the DIFC
9.30 am Q&A Session
9.45 am Closing Remarks
David Charlier, Partner, Ashurst LLP
9.55 am IPFA Update
Nathan Weatherstone, Executive Director - Head of Sustainable Business, NBAD
10.00 am Networking
For event enquiries, please contact ldabas@ipfa.org
Please note all IPFA Events are held under Chatham House Rule.
