Middle East Economic Survey

VOL. LIV

No 14

1-Apr-2011

SAUDI ARABIA

Saudi Arabia Will Need To Invest $80Bn In The Power Sector Over 10 Years

Saudi Arabia will need to invest at least SR300bn ($80bn) in the power sector over the next 10 years and requires an additional 30gw over the next 20 years to meet its needs, Deputy Minister for Electricity Salih al-'Awaji told a conference in Abu Dhabi on 28 March. Saudi Arabia currently has total installed capacity of 50gw with peak load reaching 46gw...