Sign In
services Toll Free 800 247 2220 2220 247 800

 Al-Fadley Thanks Leadership on the Council of Ministers' Approval on the SWCC Privatization

News

9/10/2019
HE Eng. Abdulrahman Al-Fadley, the Minister of Environment, Water and Agriculture, Chairman of Saline Water Conversion Corporation (SWCC) Board of Directors, Chairman of the Supervisory Committee for the Privatization of the Environment, Water and Agriculture Sector, extended thanks to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud on the Council of Ministers' approval on the blueprint for the privatization of Saline Water Conversion Corporation (SWCC). 
Al-Fadley said that the Cabinet's approval reflects the interest of the Saudi wise leadership to promote the Saudi water sector and improve the standard of the services provided, as well as improve the efficiency and maximize resources and assets utilization, stressing that this approval is another major step forward in restructuring the water sector and enabling the participation of the private sector, in line with the objectives of privatization of SWCC and the Saudi Vision 2030.

Al-Fadley pointed out that following the Council's decision to approve the establishment of a water transportation and technology company, the company will be operating on a commercial basis. Also, it will be responsible for the management and operation of water transportation and storage systems in the Kingdom, and it has the right to establish, develop and operate water transportation systems, as well as managing the research center and the training center.

Comments

ADD your Comment

This field is required Must not exceed 75 characters
This field is required Must not exceed 75 characters Email is not valid
This field is required Must not exceed 250 characters
Rating:
  • Rate
  • Last Rate:
    12/09/2019 03:21 PM
  • Rate Average
    NaN
  • Votes
    0
Last updated: 9/12/2019 3:23 PM
Share On Social Media

Keywords

x
notification Live Event

notification Live Event