Majed Al-Hogail, Minister of MunicipalRural Affairs andHousingspeaking during a panel discussion at the Public Investment Fund Forum.
The municipal sector is working to enhance service quality and spending efficiency, said Majed Al-Hogail, Minister of Municipal Rural Affairs and Housing.
A total of 29 services delivered in major cities were identified, including 21 services eligible for privatization. To date, 12 services, or around 40% of the 70% privatization target, were privatized.
Boosting investment attractiveness aims to enable investors to conduct business in cities with greater transparency and clarity, while safeguarding the rights of all, the minister added during a panel discussion on the sidelines of the Public Investment Fund Forum today. He added that the municipal sector oversees more than 7 million workers and around 970,000 establishments, while regulating more than 2,450 professions.
Al-Hogail highlighted the importance of data management and its accessibility to the private sector, noting that work is underway to further develop this area given its future added value. He also confirmed that the housing sector has been fully privatized across development, the value chain, financing, and digitalization, supporting sector growth and the achievement of Saudi Vision 2030 targets.
Majed Al-Hogail, Minister of MunicipalRural Affairs andHousingspeaking during a panel discussion at the Public Investment Fund Forum.
The municipal sector is working to enhance service quality and spending efficiency, said Majed Al-Hogail, Minister of Municipal Rural Affairs and Housing.
A total of 29 services delivered in major cities were identified, including 21 services eligible for privatization. To date, 12 services, or around 40% of the 70% privatization target, were privatized.
Boosting investment attractiveness aims to enable investors to conduct business in cities with greater transparency and clarity, while safeguarding the rights of all, the minister added during a panel discussion on the sidelines of the Public Investment Fund Forum today. He added that the municipal sector oversees more than 7 million workers and around 970,000 establishments, while regulating more than 2,450 professions.
Al-Hogail highlighted the importance of data management and its accessibility to the private sector, noting that work is underway to further develop this area given its future added value. He also confirmed that the housing sector has been fully privatized across development, the value chain, financing, and digitalization, supporting sector growth and the achievement of Saudi Vision 2030 targets.

