Oman to invest $7.5bn in water networks
Water network to benefit from huge investment over next 20 years
The Chairman of the Public Authority for Electricity and Water (PAEW) in Oman has stated that his country plans to invest US $7.5 billion into water infrastructure projects in the next 20 years. A report in the Oman Daily Observer has stated that an average $390 million needs to be invested in the sector each year over the next ten years. This estimate, the Chairman said, was solely focused on water transmission networks, with desalination capacity expected to be augmented by the private sector.
The Oman Daily Observer reports that PAEW has undertaken a long-term strategy to supplement the country's current water transmission network. Water supply in 2010 grew by approximately 18%, pushed upwards by population growth and the need to supply small communities with network coverage.
The chairman is also reported to have forecast electricity demand to grow by an annual average of 8%, with growth in residential consumption driving up demand.