Details for privatization of 38 Saudi govt authorities in 24 months set

Details for privatization of 38 Saudi govt authorities in 24 months set

JEDDAH — The amended rules and regulations for the work bylaws of the supervisory committees for the sectors targeted for privatization have revealed that 38 government authorities will be prepared within two years (24 months) for their privatization, in addition to the education universities and specialist hospitals, according to Okaz, which went through these amended rules.The government authorities to be privatized include 13 ministries that cover these domains: the environment, water and agriculture, transport, energy, industry and mineral resources, housing, education, health, municipal and rural affairs, Hajj and Umrah, communications and information technology, media, and sports.The process will also cover the privatization of other government agencies, including “The Saline Water Conversion Corporation (SWCC), the Irrigation Corporation, Saudi Grains Organization, the Center for Waste Management, the National Center for Meteorology, the