Saudi Arabia approves privatization plans for 16 sectors
Published 17 Mar,2021 via Arab News - Economy RIYADH - The Saudi Cabinet has approved privatization plans for 16 sectors across the economy, SPA reported.
It is part of an overall plan to boost the private sector’s economic contribution to 65 percent of GDP from 40 percent under the Kingdom’s Vision 2030.
The Kingdom wants to attract more international investments to create jobs for Saudis, said Finance Minister Mohammed Al-Jadaan, who also chairs the
Privatization Program Committee.
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