“Riyadh’s aim is to outsource the management and financing of health infrastructure and services to the private sector, as well as city transportation networks, school buildings, airport services and water desalination and sewage treatment plants. Asset sales will include television broadcasting towers, government-owned hotels and district cooling and desalination plants.”

–Mohammed al-Jadaan, Saudi Minister of Finance, told the Financial Times that as part of its privatization plan Saudi Arabia hopes to raise about $55bn over the next four years and has identified a pipeline of 160 projects across 16 sectors, including asset sales and public-private partnerships. [Financial Times]