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Saudi Arabia: Veolia strategic partner in the Kingdom’s ecological transformation

Veolia is increasing the number of strategic partnerships in Saudi Arabia: it wins the Management Contract for water and wastewater services for the Riyadh region (9 million people). It signs a partnership in the water sector for the whole country with the Ministry of Investment and Water Transmission and Technologies Company; and an exclusive partnership with Saudi Aramco for the management of its industrial waste.

 

The National Water Company has entrusted Veolia with a 7-year Management Contract for water and wastewater services in the capital Riyadh and 22 outlying municipalities, i.e. a population of 9 million people which is expected to double by 2030. This contract covers the management of a 30,000 km drinking water network and a 10,000 km wastewater network, with a large number of production and treatment units. Veolia, together with the Saudi group Alkhorayef Water and Power Technologies, will take on three operational and technical challenges: halving the losses of the water distribution network, ensuring access to quality drinking water 24 hours a day, and training more than 5,000 local employees.

 

Veolia also signs a strategic partnership with the Ministry of Investment and Water Transmission and Technologies Company to support the Kingdom in improving the operational, energy and commercial performance of the water sector throughout the country. Objectives: to deploy innovative and digital solutions, and build skills in the operation and maintenance of facilities.

Veolia also signs an exclusive partnership with Saudi Aramco to treat 200,000 metric tons of industrial and non-hazardous waste. These quantities are in addition to the 120,000 metric tons of hazardous waste that will soon be treated in Jubail, where Veolia is finalizing the construction of an incinerator for Sadara Chemical Company and other nearby industrial companies.

The strong commercial momentum Veolia has experienced in Saudi Arabia in recent years, as evidenced by the recent signing of several municipal and industrial contracts in all of our business lines, is a very clear indicator of the Kingdom's desire to achieve the very ambitious environmental objectives it has set for itself. In this context, Veolia is proud to be Saudi Arabia's preferred partner for its ecological transformation, explained Veolia Chairman and CEO Antoine Frérot at the Franco-Saudi investment forum in Jeddah on 4 December, 2021.

Antoine Frérot, Chairman and Chief Executive Officer of Veolia

Present for 35 years in Saudi Arabia in the water, waste and energy sectors for both municipal and industrial clients, Veolia is increasing its contribution to the ecological transformation of the Kingdom in line with its Vision 2030 plan.