Saudi water situation requires $80 billion investments
A recent Saudi economic study concluded that the Kingdom will need SR 300 billion ($80 billion) investments to meet the rising water consumption throughout the next 40 years, reported Al-Watan newspaper.
This serves as one of the reasons why the Saudi government commissioned the private sector with building the third and fourth phases of the Shuaiba Water Desalinizing Station along the Red Sea. This station is planned to supply the Mecca region with 150 million gallons of drinking water per day.
According to the study, the Jeddah region requires SR 23 billion worth of investments in water supply projects by the year 2020.
The expanding urbanization movement in the city on one hand along with the increasing number of pilgrims on the other, raises the need for drinking water in the city.
Furthermore, the water crisis is expected to deteriorate in the Arabian Gulf states during the first quarter of this century. The study estimates the water consumption in this region to grow from 15 billion cubic meters this year to 31 billion cubic meters by 2025.
In the past 15 years, the Arabian Gulf states increased their water consumption from 6 billion cubic meters to 25 billion cubic meters, 85 percent of which was consumed by the agricultural sector. –(Albawaba-MEBG)
© 2001 Mena Report (www.menareport.com)