Saudi to gauge investor interest in water privatization plan

19/08/2018 Argaam

 

State-owned National Water Co (NWC) is inviting local and international water companies to participate in a market-sounding exercise to gauge the interest of potential investors in the Kingdom's water distribution and treatment sector.

 

Companies were asked to register by Aug. 30 in an announcement made on its website last Thursday, which is part of the government's privatization programme.

 

The Kingdom aims to raise about SAR 200 billion through privatization in the coming years as part of Vision 2030.

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