Saudi Arabia has formally moved into a new phase of its economic reform agenda, with the government beginning implementation of the National Privatization Strategy following Cabinet approval. The shift signals a clear focus on execution, aimed at improving infrastructure quality, upgrading public services and expanding private sector participation across key areas of the economy.
The National Privatization Strategy serves as the government’s framework for involving private companies in the development, operation and management of selected public services and infrastructure through public-private partnerships, while the state retains its legislative, supervisory and regulatory authority. The approach is intended to raise efficiency, improve service quality and support long-term fiscal sustainability.
