Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

SAUDI ARABIA

Saudi Arabia Needs To Invest $88Bn In Power Sector Over 10 Years, Says Husain

Saudi Arabia needs to invest SR330bn ($88bn) to boost generation capacity and transmission and distribution networks over the next 10 years as demand for electricity continues to grow at 7-8% annually, the kingdoms Minister of Water and Electricity 'Abd Allah al-Husain was quoted as saying on 14 May. The water and power sector would need...