Complex sentence: Therefore, he announced that his government was "restarting the privatization process," though unlike the former governments they would insist on establishing public--private partnerships with the state retaining a minority stake to generate state revenues.
Split into simpler sentences: Therefore, he announced that his government was "restarting the privatization process,". However, unlike the former governments they would insist on establishing public--private partnerships with the state retaining a minority stake to generate state revenues.