This paper highlights the growing significance of Public Private Partnerships (PPPs) in Saudi Arabia, and the increased opportunities to attract private sector investment into the real estate market. Delivering on these opportunities will require a number of challenges and questions to be overcome, but there remains strong interest in doing just that from both public agencies and private sector players.
With this in mind, JLL have partnered with legal experts DLA Piper to shed light on the current legislative system covering PPPs, its shortcomings and the progress to create a more attractive investment framework since the announcement of the Saudi Vision 2030 in 2016.