KSA to Invest $80bn in Water Desalination

Saudi Arabia is looking to invest more than $80bn in newer water desalination projects around the Kingdom amid increasing demand for potable water

A rapidly growing population, on track to reach 39.1 million by 2030, and a staggeringly high consumption rate, at a total of nearly 1600 liters per capita per day, has motivated Saudi Arabia’s efforts to boost sustainable water production and curb skyrocketing demand.

As part of this ongoing effort, the Kingdom’s Ministry of Water and Energy recently announced a 50% increase in water tariffs for government offices and commercial firms.

State-run Saudi Saline Water Conversion Corporation (SWCC) also plans to invest US$ 80 billion by 2025 to boost desalinated water production to 8.5 million cubic meters per day, according to industry reports.

The SWCC now produces 3.6 million cubic meters per day of desalinated water – a figure that will need to reach 8.5 million by the end of 2025 to keep up with growing demand, as reported by construction research firm Ventures Onsite.

However, a comprehensive, innovation-driven approach to water management is necessary to truly achieve sustainability in the country, says Dr. Abdullah Al-AlShaikh, CEO of Advanced Water Technology, a subsidiary of the KSA’s technology and investment company, TAQNIA.

The landmark event for the international water community will host a dedicated conference session on the Kingdom’s latest developments in the water sector.

Saudi Arabia, the world’s largest desalination producer of water, has reaffirmed its commitment to meeting the country’s surging demand for the precious resource ahead of the upcoming International Water Summit (IWS).

The landmark event for the international water community will host a dedicated conference session on the Kingdom’s latest developments in the water sector.

Source: Utilities-me

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Taxonomy

• Desalination
• Water Management
• Investments