Manila Water Seals Second Water Contract in Saudi Arabia
October 07, 2021 at 09:59 pm EDT
Share
Manila Water's consortium with French water distributor Saur Group and Saudi's Miahona Company successfully clinched another seven-year water contract in the Kingdom of Saudi Arabia. The National Water Company, Saudi Arabia's state-run water agency, awarded the Management, Operations and Maintenance Contract (MOMC) to the consortium to undertake the operation of the water and environmental treatment services in the Eastern Cluster of the oil producer in the Middle East, with a population of 5.27 million and a supply demand of about 1,800 million liters of water per day. The cluster includes the cities of Dammam, Al Hofuf, Al Jubail, Al Khobar, Al Qatif and Hafar Al Batin. In December 2020, Manila Water won the bid for its first project in Saudi Arabia and signed the MOMC for a seven-year agreement to manage and implement improvement initiatives for the water and wastewater systems of the North West Cluster. This cluster is one of six (6) regional clusters created under Saudi Arabia's Vision 2030 and National Water Strategy which restructures the water distribution services and engages private sector participation.
Manila Water President and Chief Executive Officer Jocot de Dios expressed his appreciation on the clinching of the second water contract in one of the world's top oil producers. Winning the North West and Eastern clusters puts Manila Water and its partners in a strong competitive position when the same management contracts are converted into long-term concessions. The awarding of the water contract for the Eastern Cluster is part of the Kingdom of Saudi Arabia's plans to drive its water infrastructure sector towards privatization. The consortium, where Manila Water holds 30% interest, was chosen because of its extensive experience in water services and environmental treatment management around the world.
Manila Water Company, Inc. provides water, integrated used water, sewerage and sanitation, distribution services, pipework, engineering, procurement and management services. Its segments include Manila Concession and Head Office, Domestic Subsidiaries and Foreign Subsidiaries. The Manila Concession and Head Office represents the operations of the Manila Concession (East Zone) of the Parent Company in accordance with its Concession Agreement. The Domestic Subsidiaries include Philippine businesses, such as MWIS, Calasiao Water, MWPVI (including Boracay Water, Calbayog Water, Clark Water, Filipinas Water, Bulakan Water, Ilagan Water, South Luzon Water, Obando Water, Laguna Water, North Luzon Water, Davao Water, Tagum Water, MW Consortium, Cebu Water, Aqua Centro, BMDC, EcoWater, Leyte Water, MWTV, and Zamboanga Water). The Foreign Subsidiaries consist of businesses outside the Philippines under Manila Water Asia Pacific Pte. Ltd. (KDWH, MWSAH, TDWH, MWTH, MWTC, MSEA, and PTMWI).
MANILA WATER COMPANY, INC. 
