Saudi Arabias National Water Company (NWC) is moving ahead with plans to form joint-venture partnerships with the private sector to provide several key services in the kingdoms water and wastewater services, MEEDs Mena Water conference in Abu Dhabi has been told.
NWC is forming joint ventures with the private sector in a number of key areas in the kingdoms water sector, Nasser al-Amiri, head of the treated sewage effluent (TSE) business unit at NWC, explained to the MEED event in Abu Dhabi on 6 November.
The partnerships will include joint ventures in the sales and operations and maintenance (O&M) of TSE to the oil sector, a leak detection tie-up and a programme to privatise wastewater treatment plants by granting concessions to private-sector partners.
The proposed joint ventures will involve NWC forming partnerships with local and international firms in the oil sector to provide TSE and O&M services for wastewater services to the oil industry in the kingdoms Eastern Province. Al-Amiri said expected revenue from such tie-ups would reach SR5.2bn ($1.4bn) over 20 years.
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