> In this case, the core issue is still not the privatization intrinsically, but the mechanisms of corruption and competing interests with some other areas.

Ironically, this is also the argument for privatization in the first place - that corruption and competing interests lead to government inefficiency, that the private sector is incentivised to cut out the bloat in a way that governments cannot, and therefore something that intrinsically is a public rather than private concern should regardless be privatized.

> The point that I want to make here, is that the biggest issue might be the lack of enforcement and regulatory effectiveness, plus bad legal framework and contracts.

Absolutely. I didn't think that this was even up for debate.