National Water Company to invest $13bn

29 September 2014

Saudi company’s plan includes investment in water and wastewater sectors

Saudi Arabia’s National Water Company (NWC) is planning a capital investment of $13bn over the next five years, as it seeks to upgrade the kingdom’s water and wastewater infrastructure.

Speaking at MEED’s Mena Water 2014 conference in Abu Dhabi on 29 September, Mohammed Saad al-Qahtani, projects manager for NWC, revealed that the firm was planning to invest $4.5bn on water projects and $8.8bn on wastewater schemes in a five-year period.

Al-Qahtani said investment in capital projects in 2014 was planned to reach $1.4bn.

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