National Water undertakes SAR 1 bln worth of projects YTD: CEO

21/02/2019 Argaam

 

National Water Co. (NWC) has undertaken 22 projects year-to-date (YTD) at a total value exceeding SAR 1 billion, El-Eqtisadiah newspaper reported, citing CEO Mohammad Mowkley.

 

"NWC has 906 ongoing water and sewage projects worth SAR 45.2 billion," Mowkley said.

 

"Water projects are valued at SAR 21.94 billion, sewage projects worth SAR 19.99 billion, while the value of other supporting projects reached SAR 3.28 billion," he further added.

 

The company completed SAR 4.3 billion worth of projects in 2018, while the percentage of the projects on hold stood at 8.9 percent.

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