Priority Project Office-PPO

Priority Project Office is an initiative that supporting strategic investments who is facing challenges that prevent them to issue the licenses, and this may give negative impact on the investment environment in Saudi. The Office has begun to remove those challenges by communicating with government agencies to provide solutions or to address legislative bodies for guidance according The visuals provided. then a a Royal Decree launched in December 2017, that directed all government agencies to cooperate with the Office to facilitate the implementation of his missions. The first survey shows that the challenges facing the private sector in general includes the following: 1. Lack of clarity of systems resulting the delays in the completion of transactions 2. Incompatibility of procedures for issuing permits and multi-actors 3. Gaps in current policies and regulations 4. Lack of public services for investment The Office has contributed directly to the following objectives: 1. Reducing distressed investments 2. Increasing domestic output 3. Creation and localization of jobs * It also contributed to other goals of vision 1. Increase in non-oil exports 2. Support for local content 3. Investment in local assets 4. Localization of industry 5. Supporting Strategic sector Projects are accepted by applying specific criteria for sorting and prioritizing as follows: 1-the amount of investment or impact exceeds SR 250 million 2-the investor or the establishment has actually started the transactions and faces obstacles or no response There are additional measurement criteria PPO provides services to the following categories: 1. Challenges facing new strategic projects "Subject to the above conditions " 2. Obstacles facing organization who aim of enhancing local content in government procurement. 3. Current or new actions that have caused the company to reduce its growth and achieve its objectives