Privatization and Infrastructure Sector

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Privatization and Infrastructure Sector
Privatization and Infrastructure Sector

Privatization and Infrastructure Sector

In response to several economic, social, political and administrative considerations, countries, including Saudi Arabia, sought to transfer the public sector property to the private sector. This is called a privatization program. Privatization is part of the structural adaptation of the state’s economic structure, aiming at achievement of actual efficiency of economic projects. Privatization aims to boost economic status, provide job opportunities, and furnish infrastructure. In this field, there are many huge investment opportunities that Abdulaziz Alsaghyir Holding Company seeks to benefit from through formation of alliances and partnerships with major financial entities from Saudi Arabia and abroad.

Qudurat Holding Company

Abdulaziz Alsaghyir Holding Company participated in the establishment of Qudurat Holding Company Ltd. focusing on mega projects like privatization, operation and management of airport activities, water and power projects, mining and others. The company practices by owning shares in companies, in addition to establishment of a specialized company in its fields in collaboration with international technical partners.