Saudi National Water Company inks USD800M of deals
(MENAFN)The Saudi National Water Company (NWC) inked SR3 billion (USD800 million) of deals with contractors to supply water and sewage services to 6 million people.
NWC further stated that the 91 deals with 44 contractors are going to lead to the building of 276,000 water connections and 229,000 sewage connections.
The project is going to offer an improve to the national economy as there is a need that over 50 percent of the inputs for its water and sewage connections and service lines must be locally produced.
The Ministry of Environment, Water and Agriculture (MEWA) inaugurated the recent phase of its restructuring of regional water facilities under the NWC umbrella, as part of the Kingdom’s wider privatization strategy.
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