National Water Company to invest SR 50 bn in new projects

The power and water sectors are experiencing a massive boom in Saudi Arabia, according to Abdulrahman Almutari, head of privatization at the National Water Company (NWC). He stated that over SR 50 billion will be invested in water and wastewater projects from 2013-2017.
Speaking at the 1stday of the 9th Water, Electricity and Power Generation Conference (WEPower 2013) in Dammam on Sunday, Almutari explained that the NWC has plans to implement a number of water projects by 2017, including SR 7 million worth of investments for wastewater projects.
Also speaking at the first day of the conference was Fouad Al-Sherebi, executive vice president of generation for Saudi Electricity Generation. He announced that SEC will be utilising the atomic and renewable energy, and will constantly work with K.A.CARE in order to have a mix of energy production." He added that SEC and K.A. CARE are working to determine the strategic location for solar plants and to prepare for the interconnection."
The WEPower Conference and Exhibition is held in parallel with Petrochem Arabia Conference & Exhibition, the two events together representing Saudi Arabia’s largest industrial gathering running until today at the Dhahran International Exhibitions Center.
The Petrochem Arabia Conference also welcomes renowned speakers, with Omar S. Bahobail, president and CEO of AL WAHA Petrochemical Co. highlighting the drive to facilitate the connection between the downstream and the upstream sectors. Another topic under the spotlight of his presentation was the question of the utilisation of by-products from the petrochemical industries, specifically with regards to the wider adaptation of recycling practices in the Middle East and in Saudi Arabia.
An number of high-profile representatives have converged at the Dhahran International Exhibitions Center to learn from the speakers as well as to experience the latest technologies and products showcased at the international exhibition held in parallel of the conference.
"WEPower and Petrochem Arabia Exhibition is a landmark exhibition bringing together the principal water, power, petrochemical and downstream companies from across the Gulf and globe to showcase their latest products and generate new business," said BME Global Ltd. Managing Director Alain Marhic.
The WEPower and Petrochem Arabia exhibitions, which is free to attend for trade professionals, showcases new product launches while thousands of visitors interact with over 100 exhibitors in a live and business-friendly environment.