
“The transition period will take five to six years,” al-Musallam said.
“This will begin with selected cities to improve water sector performance. The transformation will allow us to learn more lessons about the process.”
The privatisation will begin in Riyadh, Jeddah, Medina and the Al-Khobar/Dammam conurbation.
“The privatisations here will cover a total population of 10 million people,” al-Musallam said. “After these cities, we will be able to expand the transformation to other parts of the kingdom.”
“I would like to adopt a gradual privatisation so we can learn more about the process,” he added.
You might also like...

Chinese firm wins Aramco plant upgrade project
28 January 2021

Firms prepare commercial bids for oil project
28 January 2021

US reviews UAE F-35 aircraft sale
28 January 2021

Ten moments that defined a year of Covid
27 January 2021
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
