Privatising will not be a cure for failing SOEs

October 19, 2017, 6:52pm

Privatising State-Owned Enterprises (SOEs) will not be a cure to save them from failing as no buyer will be willing to buy the enterprises, a research associate at the Institute of Public Policy Research (IPPR) Max Weylandt has told The Villager.

He said this at a time when the state is looking into privatising some of the SOEs to save these enterprises and to avoid the loss of jobs.