Chairman of Saudi-French Parliamentary Friendship Committee Meets with Senior French Officials    Saudi Export Development Authority Organizes Saudi Trade Mission to USA    Qatar Records 164 New Cases of COVID-19    Saudi Stock Exchange Main Index Ends Trading Lower at 11021 Points    LuLu group and EFAA group make kindness and support priority on World Disability Day.    Bahraini leaders hail huge success of Saudi Arabian Grand Prix, congratulate King and Crown Prince    Coalition forces shoot down two Houthi-fired drones    Saudi and GCC entrants set to dominate motorcycle and quad battles in Hail    10 days to go until Riyadh comes alive with MDLBEAST'S majestic shows    Saline Water Conversion Corporation Shares its Initiatives in Realizing Saudi Green Goals in London Forum    World Directs Attention to Final Round of FIA Cross Country Rally World Cup in Hail    King Abdullah Port Reinforces Commitment to Maritime Sector through Continued Sponsorship of 2021 SMME    Arab Justice Ministers Commence 37th Session    KSrelief project dismantles over 1,500 land mines in Yemen in a week    Pakistani education minister lauds Saudi e-learning success during the pandemic    Saudi Arabia, Pakistan sign agreement on labor recruitment    Saudi, Bahrain navies begin joint maritime exercise 'JISR-22'    Japan Reports 3rd Case of Omicron Variant in Traveller who Had Been in Italy    Germany Records 27,836 New COVID-19 Cases    Ministry of Islamic Affairs Stresses Necessity of Wearing Mask and Social Distancing in Mosques    Military truck rams into group of Myanmar protesters in Yangon    Nazaha arrests 250 government staff on charges of corruption    5-day Jeddah international motor show starts Today at 6 PM    Lewis Hamilton wins thrilling Saudi Arabian Grand Prix    Crown Prince attends inaugural Saudi Arabian Grand Prix    Aramco, French companies sign agreements    Saudia, CFM sign SR32 billion LEAP-1A engines purchase agreement    Deputy Governor of Hail: Hail International Rally is a practical translation of the wise leadership's support    Hail International Rally to Kick off Tomorrow    SAMI, Airbus to Form Joint Venture for Military Aviation MRO and Services    Death Toll Rises to 13 after Indonesia's Semeru Volcano Erupts    Hamilton sets pace in free trials in Formula 1 STC Saudi Arabian Grand Prix    Red Sea Immersive to provide enthralling experience: Liz Rosenthal    Invest in Saudi Arabia Initiative Announces its Partnership with Formula 1 Saudi Grand Prix    Duchess of Sussex wins latest court battle with Mail on Sunday publisher    Trolls join UN campaign for healthier eating, sustainable living    BIENALSUR Exhibition Arrives in Jeddah at Historic Site of Qasr Khuzam    Saudi Hind Al-Showaier Elected Regional Director of World Federation of the Deaf    Saudi Film Commission launch its strategy to develop film and cinema sector    Bollywood superstar Salman Khan to dazzle Riyadh Season on Dec. 10    First Full International Marathon in Saudi Arabia to be Held in March 2022    Bollywood star's 'India got freedom in 2014' remark stirs controversy    23 Saudi women obtain favorable verdicts in 'adhl' lawsuits    Bride's fingerprint not required in revised e-marriage contract    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Details for privatization of 38 govt authorities in 24 months set
Published in The Saudi Gazette on 19 - 09 - 2020

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 Center for Vegetation Development and Combating Desertification, the Wildlife Development Center, the Environmental Compliance Control Center.
It also includes the National Water Company, General Authority of Civil Aviation (GACA), Transport Authority, Ports Authority, Airlines Corporation, Railways Corporation, King Abdullah City for Atomic and Renewable Energy, Royal Commission for Jubail and Yanbu, and the Saudi Authority for Industrial Cities and Technology Zones (MODON).
The other agencies are Industrial Development Center, Technical and Vocational Training Corporation (TVTC), Health Council, Saudi Post, E-government Program (Yesser), the Radio and Television Authority, the Audiovisual Media Authority, and Saudi Press Agency (SPA), in addition to science universities and specialist hospitals.
The ministry or the government agency concerned with the sector will coordinate with the National Center for Privatization within a period not exceeding two years to prepare a privatization plan.
The plan will include "the objectives of privatization projects in the sector, a list of proposed privatization projects, priorities for their implementation, proposed timelines for their implementation, review of the regulatory environment organizing the sector and coming up with proposals for developing the sectors in a way that stimulates the private sector to attract investments and achieve the goals of privatization."


Clic here to read the story from its source.