November 15, 2016

Saudi Arabia Takes First Steps to Privatise US$50 Billion of Water Sector Assets

King & Spalding

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Ali Al-Hazmi Appointed Governor of Saline Water Conversion Corporation as Kingdom Proceeds with Vision 2030 Privatisation Initiative -

The Kingdom of Saudi Arabia last week announced that Ali Al-Hazmi is replacing Abdulrahman Al-Ibrahim as governor of state-owned Saline Water Conversion Corporation (SWCC). This is the latest step in the Kingdom’s drive towards fulfilling the water sector privatisation goals of its National Transformation Programme 2020 and Vision 2030.

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