Saudi National Water Company Reveals $28.7 Billion Plans
Saudi Arabia’s National Water Co. (NWC) announced its plans to roll out 1,429 projects for tender with a total value exceeding $28.7 billion.
The plan package is the largest ever elaborated in the field of water distribution.
This includes expanding the coverage of water and wastewater networks and increasing sewage treatment plant's capacity, in addition to extending water services coverage to all citizens and residents across the Kingdom regions.
NWC Acting CEO, Nemer M. Al-Shebl, said: "The projects will contribute to the realization of the National Water Strategy and Vision 2030's objectives, diversify the economy and boost overall development.
“The water and wastewater coverage will be immensely increased in all Saudi regions following the completion of these projects.”
The projects will be developed in 13 administrative regions comprising cities in six sectors.
This comes as Saline Water Conversion Corp. on Tuesday announced 21 schemes of the first package within a five-year capital portfolio for the environment, water and agriculture system.
The developments are a response to increasing demand driven by population growth in some regions, and contribute to achieving water security and sustainability.