Saudi Arabia pledges technical support to Lanka in desalination projects

Sri Lankan Minister for City Planning and Water Resources Rauf Hakeem exchanges mementos with Minister of Water, Environment and Agriculture Abdul Rahman bin Abdul Mohsen Al-Fadhli in Riyadh on Tuesday. (AN photo)
Updated 15 March 2017
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Saudi Arabia pledges technical support to Lanka in desalination projects

RIYADH: Saudi Arabia has pledged to support Sri Lanka by offering its expertise in the desalination sector, Rauf Hakeem, Sri Lankan minister of city planning and water resources, told Arab News.
Hakeem met with his counterpart, Abdul Rahman bin Abdul Mohsen Al-Fadhli, minister of water, environment and agriculture, in Riyadh on Tuesday.
“It was a useful and cordial dialogue with the Saudi minister where Saudi Arabia would offer technical support and advice on desalination projects that would be undertaken by the Sri Lankan government,” Hakeem said.
The talks were also attended by Sri Lankan Ambassador Azmi Thassim.
Hakeem said his ministry has already called tenders for desalination plants for projects in Jaffna, the northern part of the island. He said his government also intends to carry out similar desalination projects in areas like Hambantota and Kalpitiya, which are located in arid zones.
He said that Al-Fadhli has extended an invitation to a technical team from his ministry to visit the desalination plant in Jubail. “Such visits will enrich our experience in the relevant sector,” he said.
Saudi Arabia has the largest desalination plant in the world. The total length of supply pipeline is 7,000 km. It serves about 60 percent of domestic use in the Kingdom, making Saudi Arabia the largest producer of desalinated water in the world.
Saline Water Conversion Corporation (SWCC) carries out the transmission of drinking water to the beneficiary regions using a very long pipeline network with pipes ranging between 8 and 80 inches in diameter. The water is pumped through 47 pumping stations to a total of 224 water tanks, with a total capacity of 11.6 million cubic meters, in addition to 16 blending stations to mix the desalinated water with the underground water, and eight other terminal stations. Its electricity co-generation capacity has reached 7,500MW and is considered one of the major electricity producers in the country.
Hakeem explored the feasibility of joint cooperation between the Kingdom and Sri Lanka during his meeting with Abdullah Al-Abdul Karim, deputy governor for planning and development, Saline Water Conversion Corp.
Hakeem also met with Yousef Al-Basam, vice chairman of the Saudi Fund For Development and discussed the possibility of obtaining micro-credit for SMEs in Sri Lanka.
Earlier, financial lending for several projects on the island had been provided. They include $140 million for a road construction project and for the refurbishment of the Epilepsy Hospital in Colombo.
In addtion, financing came as additional funding for the procurement of equipment for the ongoing Epilepsy Hospital Project, in which $20 million has been provided to construct a fully equipped state-of-art hospital for epilepsy patients. The 10-story hospital building consists of an operation theater, Intensive Care Unit, High Dependency Unit, 242-bed male and female wards, an auditorium for capacity building for the countrywide medical staff.
The additional financing of $12 million is mainly to procure equipment including device ray CT, Magnetic Resonance Imaging (MRI) machine, physical therapy devices, medical furniture.


Saudi Investment Authority participates in ArabNet Riyadh conference

Updated 12 December 2018
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Saudi Investment Authority participates in ArabNet Riyadh conference

  • The participation included a presentation on the most significant investment opportunities in digital business

RIYADH: The Saudi Arabian General Investment Authority participated in the ArabNet Riyadh 2018 Conference held in Riyadh, under the theme of “Rise of the Innovation in the Kingdom,” which started on Wednesday.

The participation included a presentation on the most significant investment opportunities in digital business, to business leaders, entrepreneurs and investors.

The presentation explained the role of the authority in providing support to investors, and attracting them to invest in the Saudi Arabian market, as well as the opportunities currently available in the sector, in line with Saudi Arabia’s Vision 2030.

It also touched upon the challenges which investors may face and how to deal with them.

Director of Business Development at the General Authority for Investment Omar Rabhan chaired a session called the “Growth in Saudi Arabia — Supported by the Investment Authority.”