Vision 2030 Leap: Saudi Arabia Unveils $64 Billion National Privatization Strategy. -

Saudi Arabia is accelerating its economic transformation with the official rollout of the National Privatization Strategy, announced by Finance Minister Mohammed bin Abdullah Al-Jadaan on Thursday, January 29, 2026. The initiative marks a strategic shift from the foundational phase (started in 2018) to an aggressive implementation phase focused on delivery and impact.

Key Highlights of the Strategy:

Investment Goals: The Kingdom aims to mobilize over $64 billion (SAR 240 billion) in private sector capital investments by 2030.
Massive Contract Pipeline: Saudi Arabia targets signing more than 220 public-private partnership (PPP) contracts across 18 priority sectors by the end of the decade.
Sector Focus: Targeted areas include transport and logistics, water, health, education, and real estate. Major identified projects include the Saudi Landbridge railway, Abha International Airport, and strategic water reservoirs.
Strategic Shift: The move allows the government to focus on its legislative and regulatory roles while the private sector leads service delivery, ensuring future-ready infrastructure and world-class public services.
Job Creation: The strategy is expected to create tens of thousands of specialized, high-quality jobs, improving satisfaction levels for citizens and residents.
Identified Opportunities: A dedicated executive program has already identified 145 high-priority investment opportunities representing attractive prospects for local and international investors.

The strategy, approved by the Cabinet in November 2025, positions Saudi Arabia as a global reference for PPP models and is a cornerstone of the Vision 2030 economic diversification goals.