Middle East Economic Survey

VOL. LIV

No 41

10-Oct-2011

SAUDI ARABIA

Saudi Arabia To Spend $120Mn On Electricity And Water Projects

Saudi Arabia will need to spend over the next 10 years SR300mn ($80mn) on the electricity sector and SR150mn ($40mn) on the water sector a total of SR450bn ($120mn), the Saudi Undersecretary for Electricity and Water Salih ibn Husain al-'Awaji told the daily al-Hayat of 29 September on the sidelines of meeting in Abu Dhabi of GCC ministers of electricity and...