We show you our most important and recent visitors news details MEED-GlobalData brings together region’s key public and private sector stakeholders in the following article
Hind Al Soulia - Riyadh - DUBAI — MEED-GlobalData has announced a one-day virtual summit entitled MENA PPP Virtual Think Tank on Tuesday, Oct. 13, which will bring together industry experts from the public and private sector to discuss public-private partnership frameworks and their growing importance in the region.
The MENA PPP Virtual Think Tank will feature thought leaders from key local, regional and international organizations. Speakers from Ministry of Finance (Egypt), Abu Dhabi Investment Office (UAE), National Center for Privatization (Saudi Arabia), Samsung Engineering and more will engage in detailed discussions on the PPP landscape and opportunities outlook.
The virtual summit will conclude with three separate breakout sessions, in which thought leaders will provide sector specific insights on social, transport, and power and water infrastructures. The panel of experts will discuss how the pandemic has changed the appetite for PPP in the region, what the current PPP project landscape looks like, and how PPP contracts help extract value from assets.
The continued drop in oil prices in the GCC region, exasperated by the current global pandemic have undoubtedly placed a greater strain on public spending into infrastructure projects and public assets, accelerating the need for economies to assess newer methods of approaching project finance.
PPP contracts are notably gaining traction in the region. Abu Dhabi, for example, plans to introduce $2.7bn-worth of infrastructure projects through PPP, while Saudi Arabia and Oman are placing a growing focus on PPP projects to finance social infrastructure projects.
“Now is the time for public private partnerships (PPP) to make an impact in the regions,” says MEED editorial director Richard Thompson.
“The need to innovative and to find more efficient ways to design, build, finance and operate national infrastructure and public services is greater than ever before. And the fiscal pressure from lower oil prices and COVID-19 stimulus spending is removing some of the barriers to PPP that have existed.”
The MENA PPP Virtual Think Tank is supported by Strategic Partners DLA Piper Middle East LLP and Allen & Overy LLP, and will take place on Tuesday (Oct. 13) from 10:00 a.m. to 3:00 p.m. — SG
These were the details of the news MEED-GlobalData brings together region’s key public and private sector stakeholders for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Saudi Gazette and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
