Middle East Economic Survey

VOL. LIII

No 12

22-March-2010

SAUDI ARABIA

Investment Boost Needed For Saudi Utilities, BSF Says

Saudi Arabia will need to step up its investment in water and power generation in order to keep up with booming domestic demand, Banque Saudi Fransi (BSF) has said in a new report. While water and power generation projects are a top priority for the Saudi government, the utilities sector has in our view suffered from insufficient investments by the public and private sectors...