A Review on Challenges, Opportunities and Outlook of Water Sector Privatization for Sustainability and Water Scarcity Management

: The sustainable use and management of freshwater resources is on the center of developmental debate and becoming a global challenge. The overall aim of this study is to document published literature in the field of water privatization, critically review them and to draw a conclusion about how private sector participation can contribute in the initiative of sustainability for freshwater. To accomplish the specific goal of this paper, review articles, research papers, mini-articles, book and reports of authorized organizations published from last 25 years were reviewed. Comparative advantages, problems, challenges and opportunities of private and public sector management in water resources were thoroughly analyzed. Based on those reviews