424 submissions from 200 local and international companies submit their EOI for 3 privatization projects for the Ministry of Health

424 submissions from 200 local and international companies submit their EOI for 3 privatization projects for the Ministry of Health

200 companies submitted their “Expression of Interest” (EOI) to the announcement of 3 Public Private Partnership (PPP) projects launched by the Saudi Ministry of Health (MoH) in cooperation with the National Centre for Privatization & PPP (NCP).

The projects for the “Second Health Cluster” in Riyadh region, and the “First Health Cluster” in the Eastern region in Dammam were published on the NCP portal on March 13, 2023 and closed on April 16, 2023 and included Extended Care, Medical Rehabilitation and Home Care Services for both regions.

Submissions totalled 424 for all three projects which is a considerably large number and indicative of the appeal of investment opportunities in healthcare and trust in the overall eco-system and regulations in the Kingdom, it is also an evidence of the pivotal role played by NCP in supporting partnerships between the public and private sectors for all domestic and international investors.

The rapid response of companies from (21) countries of their interest to invest in these three projects in a short period of their announcement demonstrates the growing demand for privatization projects in the Kingdom. The list included companies from Asia, Europe, Australia and North America; however, Saudi companies represented the majority of submissions reaching about