Saudi Arabia seeks $55 billion from privatization plan

Saudi Arabia seeks $55 billion from privatization plan

Saudi Arabia seeks to raise $55 billion from a privatization plan

Saudi Arabia’s finance minister has said the Kingdom is seeking to raise $55 billion from a privatization plan. 

Mohammed Al-Jadaan said Saudi had recently announced the privatization plan that includes identifying 160 projects in 16 sectors – including asset sales and public-private partnerships.

“Our goal is to secure about $55 billion from the privatization plan, of which $16.5 billion will be in public-private partnerships,” he said.


https://www.arabnews.com/node/1870136/saudi-arabia

……………………

FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS AND FAMILY:

FacebookPlease like our page

Twitter Twitter updates available in English and Arabic. Please follow us and we would love to hear from you

Instagram – Follow our pages in English and Arabic

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.