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    Saudi Arabia seeks $55 billion from privatization plan

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    By News Desk on June 4, 2021 News Briefing
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    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

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