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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Arabia Announces First Bundle of Projects by 'Shareek' Program Worth $51 Billion

Saudi Crown Prince amid Ministers and CEOs during the ceremony of announcing the first bundle of projects supported by the Private Sector Partnership Reinforcement (Shareek) Program in Riyadh on Wednesday (AAWSAT)

In the presence of Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Large Companies Investment Committee, a ceremony was held on Wednesday to announce the first bundle of projects supported by the Shareek program, which is dedicated for large companies to help unlock the full potential of Saudi Arabia’s private sector, and contribute to achieving the national targets defined by Vision 2030.

The program was launched by the Crown Prince on 30 March 2021, who will also oversee its implementation as the Chairman of the Large Companies Investment Committee. To date, 28 companies are enrolled in the Shareek program.

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