Arab News, Sunday, Jul 16, 2023 | Zul Hijjah 28, 1444
Business delegation promotes Saudi water, waste management sector during Germany roadshow
Saudi Arabia:
Several government and private agencies under the umbrella of Invest in Saudi
Arabia recently concluded a tour to Germany, the Saudi Press Agency reported.
During the trip, which included visits to the
cities of Berlin, Hamburg, and Dusseldorf, the delegation reviewed investment
opportunities in the water and waste management sectors.
Among the delegation were representatives of the
Ministry of Environment, Water, and Agriculture, Ministry of Investment, Local
Content and Government Procurement Authority, the Royal Commission for Jubail
and Yanbu, National Center for Waste Management, National Center for
Privatization, the Saline Water Conversion Corp., National Water Co., the Saudi
Water Partnership Co., the Saudi Investment Recycling Co., and several other
Saudi firms.
The tour highlighted investment opportunities in
waste and water management and advanced technologies in the sector, along with
the future of sustainable resource management.
Discussions included talks surrounding the
Kingdom’s economic plans and the role of the private sector in promoting
high-quality services and investments, and presentations were given on a number
of topics related to investment, management, and procurement in the Kingdom’s
water sector.
Bilateral meetings were held between
representatives of the government, the private sector, companies, and investors
to discuss investment opportunities in both countries, exchange expertise, and
review aspects of cooperation and investment partnership.
In a statement, Invest in Saudi Arabia said: “In
Saudi Arabia, we are developing infrastructural projects and driving innovative
solutions to meet the demands across waste and water management sectors.”
It added that the Local Content and Government
Procurement Authority had outlined its plans to collaborate with the public and
private sectors to boost local content in the national economy and enhance
government procurement processes.
Officials from the National Center for Waste
Management highlighted Saudi Arabia’s waste management progress, legislative
framework, and more than 70 investment opportunities.
“As the largest country in terms of desalination
capacity in the world, SWCC, during their participation in the waste and water
management roadshow in Germany, highlighted the investment opportunities
available in the desalination industry,” Invest in Saudi Arabia added.