Middle East Economic Survey

VOL. LII

No 47

23-Nov-2009

SAUDI ARABIA

Saudi Arabia Needs $80Bn For Electricity Projects Over Next Decade

Saudi Arabia would need to invest SR300bn ($80bn) in electricity generation and distribution projects over the next 10 years in order to meet the 8% annual growth in demand, according to Saudi Minister of Water and Electricity 'Abd Allah al-Husayyin. Speaking at a workshop in the ministry on investment in electricity, in cooperation with the World Bank, the minister...