Manila Water Company (MWC) reported that its consortium with French water distributor Saur Group and Saudi’s Miahona Company has inked a Management, Operations and Maintenance Contract with Saudi Arabia’s state-run water agency, National Water Company.
In a disclosure to the Philippine Stock Exchange, the firm said the seven-year agreement covers the implementation of enabling projects and the management of the water facilities and systems of the North West Cluster served by National Water Company.
The cluster includes the cities of Madinah and Tabuk, comprised of 300,000 square kilometers of land area, with more than 3 million population.
The Manila Water Consortium is set to manage the operational activity of ensuring the delivery of water and wastewater services, billing and collection, as well as customer services.
The Manila Water consortium secured the award, outperforming the proposals of seven other groups.
This initiative is among the first of the Kingdom of Saudi Arabia’s plans to privatize its water infrastructure sector. The country’s 2030 Vision targets to carry out a series of contracts to improve the water distribution services in all of its six clusters