Global infrastructure faces a $15 trillion financing shortfall by 2040, driving increased reliance on public-private partnerships to fund projects ranging from energy transition to digital connectivity, as fiscal space tightens and investment needs rise, said a new report.
The Government of Ras Al Khaimah, represented by the Public Services Department, has signed a long-term Sewage Treatment Agreement (STA) with a consortium of companies, comprising Etihad Water and Electricity (EtihadWE), TAQA Water Solutions and Saur International.
Saudi Arabia has launched a new National Privatization Strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030.