Saudi Natl Water, Saur-Zamil Grp To Ink SAR173.7M Deal Sat-Report

Saturday, Aug 28, 2010

BEIRUT (Zawya Dow Jones)--Saudi Arabia's state-owned National Water Co. is expected to sign Saturday a 173.7 million Saudi riyals ($46.32 million) deal with a French Saudi consortium to manage and operate the water and sewage sectors in the Saudi cities of Makkah and Taif, Saudi-based Al Riyadh daily reports Saturday.

The consortium comprises France's Saur Group and Saudi Arabia's Zamil Operations and Maintenance Co., a unit of Zamil Group Holding Co., the paper reports, adding that the five-year deal is a partnership with the private sector.

Under the contract, the consortium will engage in the supervision, management, operation and maintenance of the water and sewage grids in addition to the management and development of the client service department, and revenue collection, leakage reduction, and workforce training, National Water said according to the daily.

Newspaper website: http://www.alriyadh.com/2010/08/28/article555282.html

-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

(END) Dow Jones Newswires

28-08-10 0744GMT