Saudi issues draft law for public-private projects worth billions | Reuters:
Saudi Arabia has published a draft law covering partnerships between the government and private sector in a step toward launching billions of dollars worth of infrastructure projects and attracting fresh foreign investment.
The draft, revealed late on Sunday, offers investors exemptions from labor laws, real state ownership restrictions and other regulations.
The government’s National Centre for Privatisation and Public-Private Partnerships said it would accept public comment on the draft for three weeks, before promulgation of the law on an unspecified future date.
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