Saudi signs water deals worth $138m
Ministry of Water and Electricity agrees 29 new contracts
Saudi Arabia’s Minster of Water and Electricity, Abdullah bin Abdulrahman Al-Hossein, has signed off 29 new contracts – worth a combined US $138 million – for water and sanitation projects within the Kingdom.
The contracts cover a wide range of developments – including the digging of new wells, detecting and addressing network leaks, creating new household connections and creating new pumping stations.
Amongst the deals is a project to establish a main water reservoir in Sha’af Asir region, and a scheme to establish new sewage systems in Qassim.
There has been a steady stream of water-related investment news from the Kingdom, including SWCC’s recent announcement of a plan to construct the world’s largest desalination plant in Rabigh.