Saudi water company signs $800m of contracts to expand services to 6 million people
- Date: 16-Jul-2021
- Source: Arab News
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi water company signs $800m of contracts to expand services to 6 million people
RIYADH: The Saudi National Water Company (NWC) has signed SR3 billion ($800 million) of agreements with contractors to supply water and sewage services to 6 million people.
The 91 agreements with 44 contractors will lead to the building of 276,000 water connections and 229,000 sewage connections, NWC said in a statement.
The project will provide a boost to the national economy as there is a requirement that more than 50 percent of the inputs for its water and sewage connections and service lines must be locally produced.