NWC to award $773m in Saudi water projects
Jeddah and Riyadh will see strategic investment to secure supply
Saudi Arabia’s National Water Company will shortly award contracts worth $773m for a series of 55 water and wastewater projects across Jeddah and Riyadh.
In an interview with the Arab News, the NWC’s CEO Loay Musallam, said: “The contracts in Jeddah, worth SR1.1 billion, include the designing and building of a mega warehouse aimed at serving the Western Province, and the designing and construction of the strategic Jeddah Reservoir.”
Funded by the Ministry of Finance, the projects will be part of the government’s attempts to allow the private sector to manage water networks in a bid to secure more efficient – and reliable – supplies.