NWC set to supply Kingdom Tower
Deal will see firm supply water to the 1km tall project
Saudi Arabia’s National Water Company has reportedly agreed to supply water to Jeddah Economic Company for its Kingdom Tower project in Jeddah, according to Saudi Press Agency. The deal, said to be worth US $587 million, will see the firm supply 156,000m3 of treated and potable water per day.
The agreement was signed by National Water Company head, Loay al-Musallam and Jeddah developer Waleed Batraji.
The Kingdom Tower project is being developed by Kingdom Holding, and is planned to include a 1 kilometre-high tower that will become the world’s tallest.
The tower has been designed by US-based Adrian Smith & Gordon Gill Architecture and will cost around $1.22bn to build. Construction work is scheduled to begin later this year.
NWC also recently agreed a new $27 million deal with Middle East Paper Co. to treat industrial wastewater over 20 years.