The National Center for Privatization & PPP (NCP) signed today a cooperation agreement with Banque Saudi Fransi (BSF) in Riyadh. The agreement aims to establish a cooperative framework to support Privatization and PPP (P&PP) opportunities. The agreement was signed by both the NCP CEO Mohannad Basodan and BSF CEO Bader Al-Salloom.
NCP stated that the agreement with BSF is the second cooperation agreement with the banking Sector. This signing is an affirmation of both parties' wishes to serve the P&PPP ecosystem by motivating the bank's clients to invest in P&PPP projects. This agreement comes in continuation of the NCP's efforts to enable the banking and financial sectors to support the P&PPP projects through financing and providing advisory services which will have a positive impact in attracting local and international investments.