About the Program

Q: What are the objectives of Shareek Program?

Shareek\'s primary objective is to stimulate private sector growth through strategic partnerships and the localization of industries. By enabling large companies to undertake impactful projects, Shareek plays a key role in driving economic innovation, boosting job creation, and enhancing local industry capabilities, thereby increasing the private sector\'s contribution to GDP. The program\'s goal is to elevate the private sector\'s contribution to 65% of GDP by 2030, ensuring it becomes a cornerstone of Saudi Arabia\'s long-term prosperity.

A Program of Partnership

Shareek is a unique program established to strengthen partnership between the public and private sectors in Saudi Arabia. Launched in 2021, Shareek is designed to accelerate large-scale investments, aiming to unlock SAR 5 trillion by 2030. By providing public-private business support for the growth of large companies, the program plays a key role in driving economic development, creating opportunities, and enhancing the entire business ecosystem across the Kingdom

OUR JOURNEY

The Evolution of Shareek the Program

The "Large Companies Investment Committee" was formed under the leadership of His Royal Highness Prince Mohammed bin Salman Al Saud, Crown Prince, Prime Minister, The Large Companies Investment Committee Chairman

His Royal Highness Prince Mohammed bin Salman Al Saud, Crown Prince, Prime Minister, The Large Companies Investment Committee Chairman, officially launched the Shareek program to strengthen public-private partnerships and accelerate large-scale investments

Shareek introduced the "Sectoral Committees" model, collaborating with key government entities to streamline and fast-track investment opportunities across sectors

Shareek evolved into the Private Sector Partnership Center

In the presence of H.R.H the Crown Prince, Shareek program announces the first wave of supported projects worth SAR 192.4 billion across 8 companies

2020 October

2021 March

2022 February

2023 February

2023 March

Our

Values

At Shareek, our values guide every partnership and initiative we undertake. They define our approach to collaboration, agility, and sustainability, ensuring we consistently strive for excellence in driving growth and building a prosperous future

Partnership

We believe in continuous improvement and proactive readiness. By collaborating with experts, we build strong partnerships that drive collective success

Collaboration

Effective synergies and teamwork are at our core. We work closely with our partners to create a purpose-driven environment that is focused on achieving shared goals

Agility

We value resilience and openness to new ideas. By prioritizing what truly matters, we adapt swiftly to challenges, ensuring our initiatives remain effective and impactful

Sustainability

Our commitment extends to financial and people sustainability. We aim to create partnerships that contribute to a sustainable future for our community

Excellence

We pursue excellence through persistence and a partner-centric approach. Our focus on effectiveness ensures we deliver the highest standards in every aspect of our work

JOIN US

Careers

Join the Shareek Program to play a key role in the economy by strengthening partnerships between the public and private sectors

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FAQs

Frequently Asked Questions about the Shareek Program

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The Shareek Program, launched by His Royal Highness Prince Mohammed bin Salman in 2021, is a cornerstone initiative aimed at driving private sector investment in Saudi Arabia

By fostering close collaboration between the public and private sectors, Shareek empowers large companies to unlock SAR 5 trillion in private sector investments by 2030. Through this, Shareek supports the Saudi Vision 2030 by accelerating economic diversification and positioning Saudi Arabia as a global leader in key industries

Shareek’s primary objective is to stimulate private sector growth through strategic partnerships and the localization of industries. By enabling large companies to undertake impactful projects, Shareek plays a key role in driving economic innovation, boosting job creation, and enhancing local industry capabilities, thereby increasing the private sector's contribution to GDP

The program’s goal is to elevate the private sector’s contribution to 65% of GDP by 2030, ensuring it becomes a cornerstone of Saudi Arabia’s long-term prosperity

The Shareek Program aligns closely with Vision 2030's objective to increase private sector participation in the economy to 65% of GDP. By fostering the localization of industries and supporting the National Investment Strategy (NIS), the program plays a key role in economic diversification, accelerating innovation, and driving the development of key industries

Shareek is instrumental in ensuring the Kingdom's economic diversity, facilitating projects that contribute to sustainable growth for future generations and enabling the implementation of the NIS

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