Aqualia signs $37m contract with Saudi NWC
Aqualia to be responsible for Riyadh's leak detection within two years
Saudi Arabia’s National Water Company has signed a $37m contract with Spanish firm Aqualia for the detection and repair of water systems in Riyadh.
Under the terms of the contract, the company is to detect and repair water leaks in Riyadh’s water systems, and also outlines Aqualia’s responsibilities in providing programmes and systems to enable it to determine the proportions of water losses by leakages and fractures.
In the presence of the Spanish Ambassador to the Kingdom and NWC executive, the contract was signed by the NWC’s CEO, Loay A. Al-Musallam and Aqualia’s CEO Miguel Jr Ador at NWC’s headquarters in Riyadh.
“The contract signed with Aqualia represents the investment opportunities in the water and waste water sectors.” said Al-Musallam, pointing out that it is the first-ever contract Aqualia has won in the kingdom. It is due to be implemented in two years.
“The empowered and durable Saudi economy is the key incentive to attract such companies seeking the implementation of infrastructure projects,” he said.