Saudi Arabia Vision 2030 Update

    February 2019
    A Brief Recap

    In April 2018, the government announced the launch of 14 public private partnership (PPP) initiatives. The headline projects were the corporatization of the Saudi ports sector, the privatization of part of the Saline Water Company (SWCC) and the sale of some of SWCC’s assets. The initiative extended to the Saudi football league, the postal service and the flour mills sector. In addition, the corporatization of the King Faisal Specialist Hospital was highlighted. As well as increasing employment prospects, the key stated objective was the raising of some US$10 billion for the State treasury. So what have we seen since April 2018?