“We are looking forward to using the private sector to manage and finance infrastructure, health services, urban transport networks, school buildings, airport services, water desalination plants, and sewage treatment through these partnerships, in order to ensure better, more cost-effective and efficient implementation that reduces the use of materials and energy, while providing improved products and services for the benefit of citizens and the world at large.”

–Mohammed Al-Jadaan, Saudi Finance Minister, discussing plans to raise $55 billion via privatization which will include identifying 160 projects in 16 sectors, including asset sales and public-private partnerships. [Eurasia Review]