The latest aspect of Saudi Arabia’s wide-ranging Vision 2030 economic reform initiative has taken a step closer with Tatweer Buildings Company’s (TBC’s) plans to establish the first education public private partnership (PPP) programme in the country.

In January, the Kingdom’s Minister of Education, Ahmed Al-Issa, launched the education push at an event entitled “Investment and Finance in Educational Buildings Conference”. At present, around 80 per cent of education in the country is funded directly from the state so the education component of the programme is expected to require widespread private investment.