Saudi minister forecasts $54bn water spending

10 December 2007
Saudi Arabia aims to spend a total of $54bn on expanding and operating the kingdom’s water network between 2008 and 2020, according to Deputy Water & Electricity Minister Loay al-Musallam.

“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.

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.