{"id":4001,"date":"2015-07-20T10:05:00","date_gmt":"2015-07-20T10:05:00","guid":{"rendered":"https:\/\/satco.sa\/satco\/?p=4001"},"modified":"2025-07-20T12:05:46","modified_gmt":"2025-07-20T12:05:46","slug":"public-private-partnerships-business-unit","status":"publish","type":"post","link":"https:\/\/satco.sa\/satco\/public-private-partnerships-business-unit\/","title":{"rendered":"Public Private Partnerships Business Unit"},"content":{"rendered":"\n<p>To further align with Vision 2030 and the strategic objectives of the Kingdom, as well as through its belief that all major transformative and Giga projects will be tendered via a non-recourse project-financing model, SATCO established its PPP Unit in 2022 to develop such projects in its existing operating sectors as well as venture out into new territories.&nbsp; SATCO\u2019s PPP unit was awarded, as Co-developer, to Design Build Finance Operate and Maintain (DBFOM) the Neom Residential Community 9 (NRC9) until the year 2030 for 10,000 residents.&nbsp; Although, NRC9 is SATCO\u2019s first non-recourse project finance deal, SATCO has a long history of PPP projects through a BOT or BOO model using corporate finance, including Neom Construction Village 3 (NCV3), Um Salal Construction Village in Qatar, King Khalid International Airport BOT, Abha Airport BOT, Arar Airport BOT, and Tabuk Airport BOT.&nbsp;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To further align with Vision 2030 and the strategic objectives of the Kingdom, as well as through its belief that all major transformative and Giga projects will be tendered via a non-recourse project-financing model, SATCO established its PPP Unit in 2022 to develop such projects.<\/p>\n","protected":false},"author":7,"featured_media":4013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-operating-sectors"],"_links":{"self":[{"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/posts\/4001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/comments?post=4001"}],"version-history":[{"count":4,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/posts\/4001\/revisions"}],"predecessor-version":[{"id":4016,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/posts\/4001\/revisions\/4016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/media\/4013"}],"wp:attachment":[{"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/media?parent=4001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/categories?post=4001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satco.sa\/satco\/wp-json\/wp\/v2\/tags?post=4001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}