{"id":12850,"date":"2006-05-29T09:40:36","date_gmt":"2006-05-29T09:40:36","guid":{"rendered":"https:\/\/naderriad.com\/privatization-will-remain-a-national-demand\/"},"modified":"2024-09-08T14:42:03","modified_gmt":"2024-09-08T14:42:03","slug":"privatization-will-remain-a-national-demand","status":"publish","type":"post","link":"https:\/\/naderriad.com\/de\/privatization-will-remain-a-national-demand\/","title":{"rendered":"Privatization will Remain a National Demand"},"content":{"rendered":"

29\/05\/2006
\nAl-Akhbar Newspaper 2006\/MAY \/29<\/p>\n

Nowadays, it is a worldwide trend adopt the concept of privatization. It was adopted by both the capitalist and communist countries for it proved, without any doubt, that states and governments are nothing but administrative organizations and not investment ones. They play the role of administrator, in the sense of creating a suitable environment for investments without actually being involved in investment projects. ( Available in Arabic – German in PDF )
\nThere is more than one theory on privatization, and each has its advantages and disadvantages. There is that theory, which involves the rapid application of the privatization program, giving a chance for decrease in continuous accumulated losses caused by each year of delay. Therefore rapid implementation of sale is to be put into consideration as a factor of preference and precedence. There is another theory that recommends that in case of strategic industry such as types as in the rubber industry or fertilizers as in the chemicals industry, steel, alloys, processed metals, cables, welding wires, and other infrastructure industries to be supported and developed through injection of new ideas and investments by specialized buyers . There is a theory adopted by many industrial countries which states that, in recognition of the buyers point of view, the possibility of the potential success to any company under the privatization program, is determined on the day of purchase and according to the conditions of the agreement. For many years, the privatization program remained a burden on the Egyptian economy because it passed through a corrupted, dark channel and ended with people having nothing but shaky hands and we hope that all this ends soon. Privatization opens the door to early retirement without restricting workers not to work anywhere else after retirement. This is similar to what is applied in England, Germany and the Europe Union.<\/p>\n<\/div>

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