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FinancialNews


  • 26-12-18

    Saudi Arabia to issue tenders for 6 water initiatives

    (MENAFN) Saudi Arabia is looking to issue tenders for 6 initiatives on water next year, as part of its privatization program which was launched with a slow start.

    The Saudi government passed within this year tenders for seven desalination and wastewater projects.

    According to the Saudi National Center for Privatization and PPP, one of the seven tenders was granted this week while three are in different tender phases and three others to be presented in 2019 to investors.

    The center further added that over 40 percent of the offers have been made by foreign firms which depend on funds from international banks.

    MENAFN2612201800450000ID1097882581

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