Bibby Finance Bibby Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Tue April 24 2018

Related Information
Related Information
Related Information
Related Information

News » International » Atkins picked for Saudi water contract » published 26 Mar 2018

Atkins picked for Saudi water contract

Atkins is in the winning consortium for a contract that is part of a privatisation strategy aimed at improving Saudi Arabia’s water supply.

The firm’s role covers procurement advisory services for the state-owned National Water Company (NWC) as part of a contract to provide water distribution services. The consortium is led by financial consultant Mizuho Bank and supported by legal consultant White & Case.

The project is part of a wider privatisation strategy that focuses on customer service, efficiency improvement and cost control, and is designed to bring greater efficiency and guaranteed water supply throughout the country. The municipal water segment aims to meet the demand for water and wastewater services of the Kingdom’s 32 million residents.

Francois-Xavier Basselot, market director for SNC-Lavalin’s Atkins’ water business in the Middle East and Africa said: “With significant infrastructure development and forecast growth in cities, towns and communities, the distribution of water and guarantee of supply is critical. Through these flagship projects, the NWC, with support from the consortium, will have better water network coverage, better wastewater service coverage and will enable a better understanding about the importance of water conservation. Ultimately this is about ensuring the sustainability of the water sector in the Kingdom.”

Atkins will provide advice on the water sector distribution model, design of the procurement strategy and design of the competitive procurement process for operators,

Saudi Arabia has been diversifying and modernizing the industrial base of the country in line with the national transformation programme, Saudi Vision 2030, to be less dependent on petroleum resources. The programme is also aimed at promoting privatisation to reduce public spending.



Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 26 Mar 2018 (last updated on 26 Mar 2018).

More News Channels