Saudi Arabia has officially started the National Privatization Strategy after Cabinet approval on November 25, 2025. This strategy marks a shift towards executing economic reforms focused on better infrastructure and public services. Finance Minister Mohammed Al-Jadaan said the plan is central to Saudi Vision 2030 and will deepen public-private partnerships while supporting fiscal sustainability. The strategy targets 18 key sectors and aims to boost satisfaction with public services nationwide. It also plans to create tens of thousands of specialized jobs by increasing private sector involvement. By 2030, the government expects over 220 public-private partnership contracts and SR240 billion in private investments. The new strategy replaces the earlier Privatization Program launched in 2018, which successfully set the stage with about SR800 billion ($213 billion) in investments and nearly 90 contracts signed. That program helped improve economic diversification and private sector growth. The National Privatization Strategy includes five core programs and 42 initiatives. It has identified more than 145 high-priority investment opportunities for private companies. The government will focus on regulation and oversight while private partners handle service delivery and infrastructure development. This launch signals Saudi Arabia's move from planning to active execution. Officials say it will speed up infrastructure improvements, enhance services, and generate jobs, all while making the Kingdom a global example of public-private partnership success.