Saudi Arabia government to invest in privatized sectors


(MENAFN) Chairman of the Economic and Energy Committee proclaimed that the privatization of ministries, which come under 10 aimed sectors, does not mean moving their ownership to the private sector.

In addition, privatization of these ministries and sectors means boosting them and enhancing their services.

Meanwhile, the government would also co-op in these privatized sectors as an investor amid its sovereign funds.

Furthermore, the new privatization law allows the government to collaborate in the ownership of some assets like other investors amid its fiscal institutions.

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