VOL. XLIII

No. 46

13-November-2000

SAUDI ARABIA

Selling The Saudi Electricity Sector

As part of its drive to liberalize the economy, the government of Saudi Arabia is keen to promote private sector participation if not full privatization within the electricity sector. Last month the countrys Minister of Industry and Electricity, Hashim Yamani, said that the government had taken a conscious strategic decision to create a self-supporting electricity power sector with increasing reliance on private...