Tawzea consortium wins $106m Saudi water management contract


Saudi Arabian Amiantit Company (Amiantit), a large diversified industrial group, announces that one of its subsidiaries, as part of a consortium, has won a contract for the management, operation and maintenance of water and environmental treatment in the northern sector of Saudi Arabia.

International Water Distribution Company Limited (Tawzea) – 50% owned by Amiantit – together with its consortium partners Aqualia Spain Company and Alhaj Abdullah Ali Riza Company (Haaco) has been awarded the SR400.16 million (US$106.16 million) contract. dollars) allocated by the National Water Company, Amiantit said in its filing at the Saudi Stock Exchange in Tawadul.

Under the seven-year contract, which has not yet been signed, the consortium will manage the operation and maintenance of water and environmental treatment services in the northern sector by increasing operational efficiency, technical knowledge, quality and availability of services and maintenance requirements in the northern sector. sector. The sector serves four regions in northern Saudi Arabia.

Tawzea, which specializes in concession management and the operation and maintenance of water and sanitation facilities, owns 39% of the project company to implement the contract, Amiantit added.

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