Middle East Commits USD120 billion for Water Projects
Middle East governments are committed to increasing investment in water and waste water treatment projects by 59% between 2005 and 2015 as they plan to invest US$120.1 billion.
The average increase in demand for water in Arab countries is 6% per annum compared to the global average of 3%
At present around 70% of the UAE's water comes from desalination plants
The Saudi Arabian water industry needs US$200bn over the next 20 years
Saudi Arabia is one of the largest producers of desalinated water, with 30% of the global production
GCC countries will adopt Public-Private Partnerships to keep a pace with the demand for water over the next 20 years
A sustainable water supply is seen as one of the Middle East's biggest economic, social and environmental challenges
Water conservation is a top priority across the region
Contact information | n/a |
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News type | Inbrief |
File link |
http://www.middleeastelectricity.com/Water/Water-IndustryNews.html |
Source of information | Water at Middle East Electricity |
Subject(s) | FINANCE-ECONOMY , POLICY-WATER POLICY AND WATER MANAGEMENT |
Geographical coverage | Middle East |
News date | 21/06/2007 |
Working language(s) | ENGLISH |