The National Water Company (NWC), a Saudi company fully owned by the government, announced the issuance of a Request for Qualification (RFQ), which requires interested contractors, consortia and companies to provide their Statement of Qualifications (SOQ) via the NWC website at (www.nwc.com.sa). Qualified contractors, consortia and companies will be able participate in the management, operation and maintenance (MOM) tenders issued by the water distribution sector to provide water services in Saudi Arabia.

The importance of this document lies in the fact that the sector is planning to offer a series of water and environmental projects for bidding to the public and private sectors. However, an earlier announcement by the Minster of Environment, Water and Agriculture, HE Eng Abdulrahman Abdulmohsen Alfadley, stated that some SAR300 billion are to be invested in the Saudi water sector up to 2030.

The RFQ comes in accordance with the future direction of the sector and the Saudi Master Plan for water and wastewater. It is also in line with the Saudi Vision 2030 and the NTP initiatives and objectives, which include the implementation of many infrastructure projects nationwide, and the creation of an organizational and corporate environment where elite specialists form both public and private sectors can participate, in addition to employing more professional and sustainable mechanisms to execute water projects in the Kingdom.

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.