Establishing a water transportation and technology company

The Minister of Environment, Water and Agriculture, Eng. Abdul Rahman Al-Fadhli, announced the completion of the establishment of a water transport and technology company, in implementation of the Cabinet’s decision to establish it, as the establishment of the company is one of the results of the privatization program in the water sector, as the Supervisory Committee for the Privatization of the Environment, Water and Agriculture Sector has taken important steps towards restructuring the water sector.

Transfer and assignment
The company manages, operates, and maintains water transmission, support, and storage systems across the Kingdom, whose lengths are currently more than 8,400 km to transport more than 7 million cubic meters of desalinated water per day to feed the various regions, to achieve more efficiency and effectiveness, as well as innovate solutions New in the fields of water technology and research, in one of the most important transformation steps that the water sector is taking to achieve the goals of the Kingdom’s 2030 vision. The new company – owned by the state – will achieve a qualitative leap towards the integration of the water sector business, by working on a commercial basis, to maximize the benefit of assets And raise the efficiency of spending, reduce costs in the supply chain in the sector.
Project financingEngineer Al-Fadhli explained that the establishment of a water transport and technology company is an important step that contributes to raising the efficiency and organization of the water sector, and also contributes to achieving a prosperous future for the Kingdom’s economy, by adding more than 60 billion riyals of investment opportunities in the transport and strategic storage systems of water through the involvement of The private sector in financing future projects.
Backing up and storingFor his part, the Chairman of the Board of Directors of the Water Transportation and Technology Company, Governor of the Saline Water Desalination Corporation, Engineer Abdullah Al-Abdulkarim, confirmed that the establishment of the company will contribute to the development of the supply chain in the water sector, to manage, establish and develop systems for transport, support, storage and operation of water with current lengths of more than 8,400 Kilometers, in addition to more than 3000 km of new transmission systems and lines that are being implemented to serve the beneficiaries, so that the total capacity available for water transport is more than 17 million cubic meters of water per day, which contributes to achieving the goals of the water supply and demand plan in the Kingdom, while preserving On operational excellence, raising efficiency, and achieving the highest standards of health, safety, and environment.
Project financingEngineer Al-Fadhli explained that the establishment of a water transport and technology company is an important step that contributes to raising the efficiency and organization of the water sector, and also contributes to achieving a prosperous future for the Kingdom’s economy, by adding more than 60 billion riyals of investment opportunities in the transport and strategic storage systems of water through the involvement of The private sector in financing future projects.
Backing up and storingFor his part, the Chairman of the Board of Directors of the Water Transportation and Technology Company, Governor of the Saline Water Desalination Corporation, Engineer Abdullah Al-Abdulkarim, confirmed that the establishment of the company will contribute to the development of the supply chain in the water sector, to manage, establish and develop systems for transport, support, storage and operation of water with current lengths of more than 8,400 Kilometers, in addition to more than 3000 km of new transmission systems and lines that are being implemented to serve the beneficiaries, so that the total capacity available for water transport is more than 17 million cubic meters of water per day, which contributes to achieving the goals of the water supply and demand plan in the Kingdom, while preserving On operational excellence, raising efficiency, and achieving the highest standards of health, safety, and environment.​