Accelerating the completion of a number of infrastructure projects set to begin in 2023 and 2024, the Ministry of Finance signed a number of finance agreements totaling SR25 billion with different local banks.
In order to enable and support strategic infrastructure projects in keeping with the Kingdom’s Vision 2030, the National Debt Management Center secured the said financings.
Aligned with Saudi Vision 2030, the Kingdom works its way in becoming the world’s biggest construction site since the National Transformation Plan launched in 2016.
As to a statement of Faisal Durrani, partner and head of Middle East Research, the eagerness of the people as NEOM is perceived as a crown jewel in the transformative plans only adds the excitement of the Kingdom’s Vision 2030.
