VOL. XL
No. 22
2-June-1997
SAUDI ARABIA
Saudi Arabia In Port Privatization Scheme
The Saudi Government has decided to allow the private sector to take over theoperation, maintenance and management of docks and equipment used by Saudi Arabia's PortsAuthority (SEAPA), as a first step in a program to privatize Saudi ports and give theprivate sector a bigger role in the Saudi economy. Six 10-year lease projects have been proposed - and twocontracts have been awarded - which aim to upgrade the...
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