Abdul Latif Jameel expands role in Mideast water sector

Almar acquired Mubadala Infrastructure Partner’s water investment in Muharraq STP Company (MSC).
Updated 13 May 2019
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Abdul Latif Jameel expands role in Mideast water sector

Abdul Latif Jameel Energy has stepped up its active participation in tWhe Middle East’s water sector with two agreements expanding its presence in Egypt and Bahrain. 

Almar Water Solutions, Abdul Latif Jameel Energy’s dedicated water solutions unit, formed a joint venture with HA Utilities, part of Hassan Allam Holding, to provide sustainable water infrastructure solutions to municipal and industrial clients across Egypt. 

The JV will work on developing sustainable water solutions, including water and wastewater management, and BOT (build, operate and transfer) and BOO (build, own and operate) projects in Egypt. The JV also intends to take an active role as a special purpose vehicle (SPV) investor and an operation and maintenance (O&M) supplier, as well pursuing new greenfield projects, and exploring acquisitions of brownfield assets and O&M service companies. 

In a separate deal, Almar acquired Mubadala Infrastructure Partner’s water investment in Muharraq STP Company (MSC), which has a 29-year concession to build, own and operate a 100,000 cubic meter/day, state-of-the-art wastewater treatment plant and sewer conveyance system in Bahrain. The conveyance system includes the first 16.5 km deep gravity sewer trunk pipeline in the GCC region and a wastewater collection network.

Fady Jameel, deputy president and vice chairman of Abdul Latif Jameel, said: “Governments across the region are pursuing ambitious policy programs, such as Vision 2030 in Saudi Arabia, and sustainable development and resource management is key to their success. These investments follow our strategy to own and operate water assets in the region and beyond. The Middle East and Africa face some of the most pressing water challenges anywhere in the world as rapid development and growing populations put pressure on already scarce water resources. Almar’s expertise in desalination and wastewater management can help meet this growing demand.” 

These transactions mark further significant steps forward for Almar Water Solutions and Abdul Latif Jameel Energy’s growth across the region, which has recently included winning contracts to develop one of the world’s largest desalination projects in Al-Shuqaiq on the Red Sea coast of Saudi Arabia, and Kenya’s first large-scale desalination plant in Mombasa, which together will supply drinking water to close to 3 million people.


Mashroat to support Labor Ministry projects

Updated 15 July 2019
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Mashroat to support Labor Ministry projects

The Ministry of Labor and Social Development and the National Program to Support the Management of Projects in Public Entities (Mashroat) have signed a memorandum of understanding (MoU) to appoint the latter as the enabling arm to support infrastructure projects. Mashroat will provide consultancy services and technical support for managing the ministry’s construction projects and facilities management based on the highest administrative and operational standards.

The MoU will allow Mashroat to examine and evaluate the construction projects’ management strategies and the ministry’s current facilities management, including designing and identifying policies, procedures and processes. In addition, Mashroat will ensure project implementation and facility management systems are run efficiently and effectively.

The MoU is considered as the first of its kind to be implemented by Mashroat to support the management of public facilities for government entities in the Kingdom. This includes the provision of consultation services and technical support based on international best practices and will support the ministry’s facilities, including 14 operating and maintenance contracts for 389 sites spread throughout the country.

The MoU was signed by Executive General Supervisor of Supportive Services at the Ministry of Labor and Social Development Dr. Ayman bin Ibrahim Al-Shelafan, and Director-General of Mashroat Ahmed bin Mutair Al-Balawi. In attendance were Minister of Labor and Social Development Ahmed bin Suleiman bin Abdul Aziz Al-Rajhi, Assistant to the Minister of Labor and Social Development Mohammed bin Nasser Al-Jasser, and Assistant Minister of Economy and Planning and Board Member of Mashroat Khalid bin Saud Al-Shunaifi.

Al-Jasser said: “The signing of this MoU is an important step toward strengthening our partnership with Mashroat. Through this joint effort, we aim to strengthen the ministry’s public infrastructure system, and achieve a strategy that will contribute to the development of the Kingdom and achieve the ambitious goals of Vision 2030.”

Al-Balawi said: “Mashroat aspires to achieve an effective transformational approach for the project and facilities management offices in the governmental agencies, through supervising the planning of the infrastructure projects portfolio for government agencies.” 

He added: “We are pleased to sign this MoU with the ministry, the first-of-its-kind for the management of public utilities. The program will examine and evaluate the management of current construction projects, while uniting the measurement of operational and maintenance procedures and processes to achieve efficiency and effectiveness, fulfilling the ministry’s strategic objectives.”

The MoU is an implementation of a royal decree (No. 47004) dated May 31, 2018, pursuant to the Council of Ministers’ resolution stating that public entities shall establish project management offices in cooperation with Mashroat to follow up, coordinate and manage their projects and ensure their delivery.