“We plan to spend $37bn on capital projects and $17 billion on operating the network,” he said.
A further $40bn will be spent in the water desalination sector, said Al-Musallam.
The ministry is also studying a new water tariff structure.
“We are submitting a new tariff to the cabinet. It will take one-two years to do. It is very important to prepare the different stakeholders for the change,” al-Musallam told MEED’s Wastewater Treatment & Reuse 2007 conference.
You might also like...
Ruwais LNG full EPC award expected in June
29 March 2024
PIF entity makes $1bn Lucid placement
29 March 2024
Petro Rabigh awards KBR maintenance contract
29 March 2024
Diriyah Company seeks firms for demolition work
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.