Saudi Arabia Introduces Largest Set of Projects to Develop Water, Environmental Infrastructure

Saudi Arabia deploys unremitting efforts to develop the water network and raise its operational efficiency. (Asharq Al-Awsat)
Saudi Arabia deploys unremitting efforts to develop the water network and raise its operational efficiency. (Asharq Al-Awsat)
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Saudi Arabia Introduces Largest Set of Projects to Develop Water, Environmental Infrastructure

Saudi Arabia deploys unremitting efforts to develop the water network and raise its operational efficiency. (Asharq Al-Awsat)
Saudi Arabia deploys unremitting efforts to develop the water network and raise its operational efficiency. (Asharq Al-Awsat)

Saudi Arabia intends to offer and award more than 1.4 thousand projects with a total value exceeding 108 billion riyals ($28.8 billion), in the water distribution sector, in continuation of plans and programs to develop water and environmental infrastructure.

The National Water Company said on Wednesday that Eng. Abdul Rahman Al-Fadhli, Minister of Environment, Water and Agriculture and Chairman of the Company’s Board of Directors, led a meeting with senior executives to determine the preparations for the implementation of these major national projects.

Eng. Nemer Al-Shebel, CEO at the National Water Company, said that the new projects were an extension of the unlimited support provided by the government, in line with the objectives of the National Water Strategy and the Kingdom’s Vision 2030 in the environmental, water, economic and development fields.

The projects cover 13 administrative regions of the Kingdom, including 353 projects allocated to the western sector, with a value exceeding 38.96 billion riyals ($10.3 billion), 240 projects in the central sector (Riyadh region), with a value surpassing 14.19 billion riyals ($3.7 billion).

The National Water Company has allocated 215 projects to the northern sector, including, Al-Qassim, Hail, Al-Jawf, and Northern Borders, with a value exceeding 12.95 billion riyals ($3.4 billion), and 328 projects for the southern sector, which includes Asir, Jazan, Najran, and Al-Baha regions, with a total value of 15.3 billion riyals ($4 billion).

The company intends to earmark 162 projects worth 7.7 billion riyals ($2 billion) for the northwestern sector, which includes Al-Madinah Al-Munawarah region and Tabuk.

The Eastern Province has been allocated 117 projects, with a value exceeding 16.17 billion riyals ($4.2 billion), in addition to 14 projects supporting various sectors, with a value of more than 2.72 billion riyals ($720 million).



Egyptian Firms Sign Final Contracts with Chinese Consortium to Build Chemical Plant

A general view of the Nile River from the Egyptian capital, Cairo (Reuters).
A general view of the Nile River from the Egyptian capital, Cairo (Reuters).
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Egyptian Firms Sign Final Contracts with Chinese Consortium to Build Chemical Plant

A general view of the Nile River from the Egyptian capital, Cairo (Reuters).
A general view of the Nile River from the Egyptian capital, Cairo (Reuters).

Several Egyptian companies signed on Sunday final contracts with a Chinese consortium comprising China State Engineering Corp and East China Engineering Science and Technology Company to build a phosphoric acid plant in Egypt's New Valley area, Reuters reported.

The plant, which has an investment value of $658 million, will have the capacity to produce 250,000 tons of concentrated phosphoric acid in the first phase of the project, Egypt's petroleum ministry said in a statement.

Egyptian participants in the project include leading fertilizer producer, Abu Qir Fertilizers, state-owned Misr Phosphate and others.