Riyadh – Saudi Arabia’s National Water Company (NWC) has invited nine local and international consortiums for the management, operation and maintenance of the Northwestern Water Sector that includes the Madinah and Tabuk regions.
The company sent invitations to qualified international consortiums, to submit their offers so that it can choose the winning consortium that would run the sector for the coming seven years, according to NWC’s recent statement.
The Saudi-based firm aims at developing and enhancing sector’s performance and reducing operational costs as the first step towards permanent private sector participation in the long run throughout the Kingdom, which creates a competitive environment for the operations of the distribution sector.
“The implementation of management contracts will fully start in the two regions by the coming of 2020. The company would also be executing and implementing similar contracts gradually throughout the rest of the Kingdom regions, expected to complete by the first quarter of 2021,” Mohammed bin Ahmed Al Mowkley, CEO of NWC, said.
Al Mowkley added that the current step will boost private sector participation in the water distribution sector with the aim of enhancing operation, developing services, reducing operational, administrative and indirect capital costs, identifying the technical status of the sector’s assets and reinforcing the ratio of continuous water supply.
In addition, this will support the development of the human capital via training and boosting its technical experience, as well as enhancing the overall billing and collection operations, boosting water quality, supporting safety and security applications, enabling expertise and increasing competitiveness between the sectors in future.
The CEO noted that the company is committed to facilitating these contracts by providing all necessary support to achieve their main objectives.