Positive Outcomes from SBJBC’s Infrastructure Workshop

Some 60 Saudi and British delegates participated in SBJBC’s Infrastructure Planning and Financing Workshop in Riyadh on 28th November —
 http://www.arabnews.com/node/1016511/business-economy

Amongst the Saudi delegates were senior officials from the National Project Management Organisation and the Ministry of Municipal & Rural Affairs who presented their strategies. Other officials from the Ministries of Health, Housing and SAGIA also attended.

Representatives from DLA PiperAdam Smith InternationalAtkins Acuity and Carillion Saudi Arabia made well-received presentations on regulatory frameworks and relevant case studies. Panellists from HSBC, PwC and Pinsent Masons joined a wider discussion on project finance.

There was considerable interest in UK experience of PPP as Saudi Arabia embarks on Vision 2030 implementation.  A number of follow-up actions were agreed and endorsed by SBJBC’s biannual meeting on 30 November.   These include the preparation of a “PPP lessons learnt” paper, and SBJBC engagement with the new national Privatisation Centre in the Ministry of Economy & Planning, prior to a second interactive workshop on project delivery in 2017.