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.
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