A. 2020 Commitments

To achieve Vision 2030, the Privatization Program shall commit to the realization of a number of successes by 2020, which will constitute the foundation needed to realize2030 ambitions.

The program will work to achieve an incremental GDP impact through increasing private sector investment (both domestic and foreign). In addition, the program is expected to generate sales proceeds for the government and net savings (including Capex and Opex) for government and generate new jobs opportunities in the private sector by 2020.

A. 2020 Commitments

Metrics

2020 Commitment

Contribution to GDP

SAR~13-14 Billion

Total government proceeds from asset sales (driven by PSCs)

SAR~35-40 Billion

Government net savings (Capex & Opex) from privatization/PPP (driven by PSCs)

SAR~25-33 Billion

Government net saving (Opex) from privatization (assets sale)1

SAR~1-1.2 Billion

New private sector jobs created

10,000-12,000




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1 Does not include assets transferred to companies