Oman to splash $6.5bn on water infrastructure
Sultanate will invest huge amounts to expand and upgrade network by 2040.
Oman plans to spend around OMR 2.5bn ($6.5bn) over the next 25 years to develop the country's water infrastructure, according to a senior official of the Public Authority for Electricity and Water (PAEW).
Guillaume Merere, Planning Manager, said the investment will partly go towards expanding the network to serve new areas, while the balance will finance the renewal of older transmission and distribution infrastructure, the Oman Daily Observer reports.
Spending on new water infrastructure is envisaged at the rate of around OMR150mn annually over the initial 10-15 years of the tenure of the master-plan, Merere told delegates at last week's Oman Energy and Water Forum 2015.
The rate of investment then begins to decrease somewhat as the focus shifts to the replacement of old infrastructure. By the end of the 25-year timeframe, capital expenditure is projected to reach OMR 250mn.
As a result of the investments, the total length of the distribution networks is projected to grow three-fold to around 30,000 km by 2040, said Merere. Of this length, around 22,000 km will be part of PAEW's Main Interconnected System (MIS).
Transmission networks are also expected to burgeon during this period, the planning manager said.