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12-03-14

Saudi to invest USD66 b in water sector

(MENAFN) Saudi Arabia has announced its plan to invest USD66 billion in water sector in the following 10 years, according to Arab News. The kingdom plans to improve its national security and economy through the projects. Also, the country will be able to deal with challenges such as low water tariffs and high costs of water production and transportation. Drake & Scull International PJSC said it will collaborate with the Saudi government to achieve its goals in industry.