Saudi Arabia spends as privatisation nears
- From: Vol 12, Issue 12 (December 2011)
- Category: General
- Region: Middle East
- Country: Saudi Arabia
- Related Companies: National Water Company
A capital investment blitz means the wastewater system in the Kingdom is almost ready for privatisation. The Kingdom still faces problems with procuring projects and recovering costs through tariffs.
Saudi Arabia’s National Water Company has stepped up its wastewater spending as it prepares for a business transformation next year that will see it make the first formal move towards adopting a holding company structure.
Senior sources at the body told GWI they are re-examining procurement procedures in a bid to get more contractors involved in the new generation ...
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