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Saudi Arabia’s new ‘public-private partnership’ law

Hogan Lovells, a major international law firm, is pointing to Saudi Arabia’s new ‘public-private partnership’ law and saying deals are on the way. “An increased number of public-private partnership (PPP) projects will get off the ground around the region, with a growing focus on renewables, transportation, education and healthcare. The impact of key market regulations will become clearer as they are approved and implemented: PPP law in Saudi Arabia and possibly Oman; Foreign Investment Law in UAE and Qatar.” (p. 5)

Source: www.lexology.com

Oman completes privatisation of municipal waste management

The sell-off of Oman’s municipal waste system to foreign companies is nearing completion. “The Oman Environmental Services Holding Company (Be’ah) is close to completing the transfer of waste management operations in each of its 11 governorates to international operators. (…) Companies that have been awarded contracts include Spain's Urbasar, which is currently working for South Batinah governorate; Dubai-headquartered Averda, which won the contract to manage Dakhliyah and Dhofar; and a joint venture between Oman's Al Ramooz and France's Veolia for operations at Dhahirah and Buraimi.”

Source: Oman Observer