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FINANCIAL NEWS
Saudi allocates USD186 b for developing projects
24 Nov 2013
(MENAFN) Saudi Arabia has allocated USD186.6 billion for the development of water and electricity facilities, and infrastructure projects over the following 20 years, according to Arab News.
Adil Bushnaq, head of Saudi Water and Power Forum (SWPF), said: “The Kingdom is one of the leading countries in using water technologies and considered the biggest water desalination producing countries. This has made it imperative for the Kingdom to work out strategic plans to cut down desalination costs and increase products and services in this regard.”
The SWPF will be held in Jeddah by, and will welcome experts from different countries from Europe, Asia, Africa, and North America.
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