PPP and investment law

Saudi Arabia: PPP and investment law

The laws that govern PPP and concessions, investment guarantees, dispute settlement and legal terms, with links to the official texts.

Checked on October 23, 2026Information, not legal advice

In brief

Saudi Arabia regulates PPP through the Private Sector Participation Law, issued by Royal Decree No. M/63 of 18 March 2021. It covers both PPP and divestment and involves the National Center for Privatization (NCP). Saudi Arabia is an ICSID member and a party to the New York Convention, and its investment treaty with Ukraine is in force.

PPP and concession law

Status: check the official text

Private Sector Participation Law

Number / reference: Royal Decree No. M/63
Adopted: March 18, 2021

A PPP under this law is a contract of five years or more in which the private party performs at least two of design, construction, management, operation, maintenance and financing, with risk allocation and performance-based payments. The law also covers divestment and enters into force 120 days after publication in the Official Gazette (Art. 45). We used the official English translation published by MISA.

Official text (opens in a new tab)

Investment protection

We have not yet checked a separate foreign investment or investment screening law for this jurisdiction against an official source, so we do not summarise one here.

Constitutional protection of property

The constitutional property provision has not yet been checked against the official text, so we do not summarise it here.

Dispute settlement

ICSID Convention

Contracting State

In force: June 7, 1980

New York Convention (1958)

Party

Investment treaty with Ukraine

In force (2008)

Ukraine's treaties at a glance

Legal terms

How the law names each party, in the original language. Useful when reading tender documents and contracts.

Public side

government agency
executive agency

Private side

private party

Sources

MISA – Private Sector Participation Law (official English translation) (opens in a new tab)