Thursday, Sep 27, 2012

BEIRUT (Zawya Dow Jones)--Saudi Arabia's state-owned Power and Water Utility Co. for Jubail and Yanbu, or Marafiq, said it has signed contracts for two projects in Jubail industrial City that involve setting up a water desalination station and building 249 residential units for its employees, pan-Arab daily Asharq Al Awsat reports Thursday.

The reverse osmosis desalination plant will be the fourth of its kind in Jubail and the project aims to meet the city's growing demand for water, the paper said quoting Thamer Al Sharhan, Marafiq's chief executive.

The desalination contract was signed with a consortium of Saudi Binladin Group and Spain's Acciona Agua, Asharq Al Awsat reports, adding that the station, expected to start operations in the last quarter of 2014, is designed to produce 100,000 cubic meters a day of desalinated water.

Prince Saud Bin Abdullah Bin Thunayan Al Saud, chairman of Saudi Arabia's Royal Commission for Jubail and Yanbu said according to the daily that in parallel to the residential project in Jubail, Marafiq is implementing another project to build 298 residential units for its workers in Yanbu Industrial City.

Newspaper website: http://www.aawsat.com//details.asp?section=6&issueno=12357&article=697120&feature=

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27-09-12 0852GMT