Leveraging volume of contribution by private sector to the gross domestic product (GDP) of Saudi Arabia has been an imminent goal of the Kingdom. Infrastructure necessary for achievement of this goal has been implanted all over the newly adopted policies and measurements, in the recently enacted laws and regulations and in the majority of the modernization and reform initiatives recently done to several existing laws and regulations. The law reform has been effectively used as a tool towards leveraging of private sector contributions to the local GDP.
As one of the direct reflections of the Saudi targeting of increase of private sector contribution, privatization of public utilities operation burdens to be done through private sector channels is a plan that can not be missed. The tendency is not a matter of improvisation, the Saudi attitude towards more demand on private-public-partnership patters was a result of numerous studies and planning that altogether have recently materialized into a strategic end. The strategy was clearly engraved into the second part of the Saudi 2030 Vision literature ‘A Booming Economy’, with privatization has been named as one of the Vision’s achievement programmes.