National Water Company folds in new Saudi areas
Saudi water minister Abdulrahman Al-Fadhli officially completed the expansion of the country’s National Water Company today, issuing a decree that will see the NWC’s mandate expanded to cover the whole of the Kingdom.
The move formalises a long-expected development where NWC will take over the assets and responsibilities for water and wastewater services outside key cities, which had previously been under the purview of the directorates of the Ministry of Environment, Water and Agriculture.
The move will see the NWC take on a significant extra investment burden, with water and wastewater connections in the directorates’ franchise areas falling well short of those in the NWC’s existing heartlands of Riyadh, Jeddah and Mecca/Taif.
It will also presage the upcoming privatisation of the NWC’s services, which is initially intended to be rolled out through the creation of six regional O&M contracts lasting 5-7 years, before a later segue into a concession model.