RIYADH: Saudi Arabia’s Ministry of Finance has signed a number of financing agreements with several local banks, amounting to SR25 billion ($6.6 billion) to execute infrastructure projects by the National Debt Management Center.
The infrastructure projects are scheduled to start in 2023 and 2024, according to a statement.
In line with Saudi 2030 Vision, this comes as part of the ministry’s aim towards enabling and supporting strategic infrastructure projects.