Alsaber, 21 February 2024: Saudi Arabia’s Cabinet has approved a Law that defines the permitted sources of funding for the National Infrastructure Fund.

Under the National Infrastructure Fund Law, its resources consist of the support provided to it by the state for its activities and cash flows from the loans disbursed from its capital.

It also consists of the revenues from its assets and investments, the funds subject to law enforcement carried out to collect its dues, the financial compensation it receives for the services and work it provides and the donations, grants, proceeds from endowments as well as any other resources accepted by the Cabinet.

The Fund has been established to support, finance and develop infrastructure projects together with the public or private sector in line with the relevant policies and strategies adopted.

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