Top 5 Water Projects in Saudi Arabia
Saudi Arabia’s population will increase by 4 million people over the next ten years. The country is investing heavily in critical infrastructures such as water and power. There are more than $5.5 billion of water projects currently under construction.
Saudi Arabia’s population will grow by 12 per cent to 40 million by 2031 from the current 36 million. This growth in the population will increase demand for basic infrastructure. A significant investment in infrastructure is underway, driven by its vision to diversify away from its oil dependence.
Being an arid country, Saudi Arabia is investing heavily in its water infrastructure. There are more than $5.5 billion of water projects currently under construction. Saudi Arabia has adopted Public-Private-Partnerships as a procurement strategy, with 70 per cent of its water processing infrastructure projects procured on this basis.
The top 5 water projects in Saudi Arabia are:
The 600 thousand cubic metres per day plant reached a financial close in September 2020. The project is developed jointly by ACWA Power and the Saudi Water Partnership Company. Abengoa, Power Construction Corporation of China and SEPCO are the lead contractors on the project.
Utilising state-of-the-art reverse osmosis technology, this 600 thousand cubic metres per day plant is also developed jointly by ACWA Power and the Saudi Water Partnership Company. Abengoa, Sidem Engineering and SEPCO are the lead contractors on this project.
The Yanbu 4 IWP is a 450 thousand cubic metres per day desalination plant developed on a PPP basis by Mowah, Engie and the Saudi Water Partnership Company. South Korea’s Doosan Heavy Industries and Construction is the primary contractor on this project.
The second seawater reverse osmosis project in the top 5 is the Shuaiba 5 Desalination plant constructed on the Red Sea coast in Jeddah. Developed by the Saline Water Conversion Corporation, the plant will have a capacity of 600 thousand cubic metres per day. A joint venture between Advanced Water and Rawafid is doing the lead contractor.
Another PPP project developed on a Build, Own, Operate (BOO) basis near Jizan on the Red Sea coast will have a capacity of 450 thousand cubic metres per day once completed. Developed by Marubeni Corporation, Abdul Latif Jameel and Rawafid Alhadarah Holding. Acciona is the main contractor on the project.
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