21 August, 2019

Saudi pre-qualifies nine firms for water network operation

Contract includes services for seven years

Image for illustrative purpose. An excavator operator helps construct an emergency pipeline to increase supplies of potable water in Willits, California February 25, 2014. Picture taken February 25, 2014.

Image for illustrative purpose. An excavator operator helps construct an emergency pipeline to increase supplies of potable water in Willits, California February 25, 2014. Picture taken February 25, 2014.

REUTERS/Noah Berger

21 August 2019
Saudi Arabia has pre-qualified nine local and foreign consortia to bid for a contract involving the management, operation and maintenance of its Northwestern water network, an official was quoted on Wednesday as saying.

One of the bidders will be selected for the project which includes services for the water network in Medina, Tabuk and other areas for the next 7 years, said Mohammed Al-Muwakli, CEO of the state-owned National Water Company (NWC).

"It is the first step to let the private sector participate in the operation of the water sector in the long term," he told the Saudi Arabic language daily Aliqtisadia.

He did not identify the pre-qualified companies but said they have been selected on the basis of their financial resources and experience in this sector.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

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