Bloomberg News

Saudi Arabia’s National Water Signs $375 Million Supply Deal

December 07, 2011

Dec. 7 (Bloomberg) -- National Water Co., Saudi Arabia’s state-owned utility, signed a 30-year agreement worth $375 million with Huta Group.

The deal is to supply treated wastewater to Huta Hegerfeld, a unit of the engineering company, National Water’s Chief Executive Officer Loay Musallam said today at a signing ceremony today in Jeddah, Saudi Arabia. The water is for use at the Jabar Omar residential and commercial center in Mecca, he said.

--Editors: Rachel Graham, Rob Verdonck

To contact the reporter on this story: Sarah Abdullah in Jeddah via the Dubai newsroom at contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net


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