Saudi Arabia accounts for about 30% of world's desalinated water
Specialists: Water cannot be dealt with as the world's cheapest commodity
Jeddah: The three-day Saudi Water and Power Forum 2010 (SWPF 2010) was launched today in Jeddah, with alarming facts and figures concerning the future of water in the region. Under the slogan "The Sustainable Prosperity through Knowledge, Innovation and Cooperation", the forum gathered local and international water and energy experts to discuss plans and innovations to tackle these issues.
"The scarcity of water is one of the biggest challenges facing the Arab world at the present time. The volume of water renewed annually is about 335 billion cubic meters, while the amount of groundwater is estimated at 143 billion cubic meters, and explained that the agricultural sector alone consumes about 89.5% of the water, while domestic purposes consumption accounted for 8.6% and industrial purposes accounted for 7.3%," said Dr. Mahmoud Abu Zeid, former Egyptian Minister of Water Resources and Irrigation and Chairman of Arab Water Council.
He urged Arab governments to remedy the situation before its aggravation, as well as expand investments related to water and power projects for future generations.
Dr. Abu Zeid pointed out that Saudi Arabia only produces about 30% of world's desalinated water, and that per capita share of water in the Arab region is about 1060 cubic meters per year, while it is about 177 cubic meters in the GCC countries.
Dr. Abu Zeid explained that the groundwater which is consumed in Saudi Arabia is up to four times as much as of the renewed water annually.
"The present situation of water and power is more complicated than previously thought," Dr. Hussein Sindi, Project Manager at Alaghar Group, explained adding that a study conducted by his group concluded the importance of reviewing the current tariffs for water and power since dealing with water as being the cheapest commodity cannot be continued in view of the gap between the government's strategy and consumers' vision.
Dr. Sindi further said that Alghar study recommends the establishment of an investment fund with government participation in order to buy technologies in the area of renewable power and water and the formation of an independent water information centre to report about water status in Saudi Arabia, as well as to reconsider food security policies and agriculture subsidies to match the country's water requirements.
On his part, Governor of Electricity and Co-Generation Regulatory Authority, Abdullah Al-Shihri, revealed that the Authority has established a plan to transfer electricity from monopoly and to expand investments in power production on the basis of reasonable profits, so as to ensure the quality of services provided to consumers.
He added that the Authority conducted numerous studies to identify shortcomings in electricity projects, improving the existing network, as well as the formation of a special committee to deal with disputes between investors and stakeholders.
SWPF is the largest gathering of water and power industry in Saudi Arabia. It brings together concerned local and international bodies to acquire international knowledge, contacts and partnerships required for business development in one of the largest markets for power and water in the world.
SWPF is organized by Bushnak Academy and CWC, under the supervision of the Saudi Ministry of Water and Electricity. Al Aghar Group, a Saudi independent non-profit think-tank establishment, is preparing a study to determine the requirements of strategic planning for integrated water and power sectors to make Saudi Arabia a leader in knowledge and innovation in those vital sectors for the prosperity and security of Saudi Arabia.
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About Bushnak Academy
Bushnak Academy organizes specialized seminars, intensive courses and workshops in Jeddah, Saudi Arabia and throughout the Gulf region. We facilitate courses in professional development and continuing education in the fields of water, energy, environment, and business. We provide professional training specifically tailored to the needs of your organization. In cooperation with our partners in the region, we can arrange for quality seminars and technical workshops at your local headquarters or on the work site. Our training courses are led by instructors with extensive experience in their field. Well-qualified and possessing solid credentials, these instructors are our most valuable resource. Some have worked in the water and energy sector for many years and have a thorough knowledge of their industry and its demands. Others are recognized internationally for their achievements.
About CWC Group
Over the last 13 years, CWC Group gained renowned global experience as investment experts in oil, gas, power, infrastructure and investment sectors, particularly in emerging markets. They have a wealth of knowledge, offering top-level strategic events around the world.
They work closely with many governments, NOCs and international corporations to highlight the key issues and challenges facing the global energy industry. The Group gatherings have become widely acknowledged within the energy community for their quality, prestigious level of government officials and senior corporate delegation.
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© Press Release 2010
