Riyadh – The National Centre for Industrial Development, represented in the “machinery and equipment sector” signed on Tuesday a cooperation agreement with the Saudi Water Partnership Company.
The agreement aims to enhance water security and manufacture and localise water desalination equipment to meet the growing water demand, according to an official statement.
The deal will further support research centres to develop and manufacture such technologies.
Founded as a limited liability company (LLC) in 2003, Saudi Water Partnership aims to purchase water and electricity from private sector projects and sell water to Saline Water Conversion Corporation (SWCC) and electricity to Saudi Electricity Company (SEC). The company is equally owned by SWCC and SEC.
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