Photograph: Ahmed Yosri/Reuters
While Public Private Partnerships (PPP’s) have been in existence in the Saudi Arabian business landscape for many years, there have not been any laws governing them – until now. An exciting new development, Saudi Arabia has recently introduced the Private Sector Participation Law (PSP Law) which will play a critical role in regulating private sector participation in projects in the Kingdom of Saudi Arabia.
Learn more about the details of the PSP Law and the wider implications it will have on the Kingdom’s Vision 2030 plan in this article co-authored by Wissam Chbeir, Partner at AlGhazzawi and Partners, and Jonathan Brufal, Partner and Head of International Projects at Gowling WLG.
Read The Full Article: Saudi Arabia Approves Private Sector Participation Law Implementing Regulations