The ‘80s revival in Saudi PPPs

Bundling brownfield and greenfield plant PPPs is a novel move, but the value of old assets is hard to ascertain, says Tom Scotney.

In 2010 when I first started covering the Saudi water sector, the buzzword for PPPs was “bundling”. In the never-ending search for a workable business model to stimulate private investment in financially struggling municipal utilities, the idea was that by handing out enough construction opportunities, a vertically integrated city-wide investment and management programme could be...

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