FINANCIAL NEWS

Saudi National Water Co. to undertake USD2.39b projects

26 May 2015

(MENAFN) Saudi Arabia’s National Water Company (NWC) is set to initiate 62 projects with a total value of about USD2.39 billion to develop infrastructure and drainage networks, Arab News reported.

NWC has set multiple projects in the pipeline, among which is the implementation of a strategy for water tanks, water treatment plants and the construction of station in about 62 projects.

“There are 40 environmental projects at a cost of USD1.86 billion, including implementation of sub-networks, household drainage connections in north and south of Jeddah,” a corporate statement said.

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