Priority Project Office-PPO
Government Administration - Riyadh, Riyadh Province, Saudi Arabia
Priority Project Office-PPO Employees
Priority Project Office-PPO Details
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 transactions2. Incompatibility of procedures for issuing permits and multi-actors 3. Gaps in current policies and regulations4. Lack of public services for investmentThe Office has contributed directly to the following objectives: 1. Reducing distressed investments2. Increasing domestic output3. Creation and localization of jobs *It also contributed to other goals of vision1. Increase in non-oil exports2. Support for local content3. Investment in local assets4. Localization of industry5. Supporting Strategic sectorProjects 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 responseThere are additional measurement criteriaPPO 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
