Saudi Arabia plans water price rise for non-residential users

Saudi Arabia, the world’s largest desalinated water producer, plans to raise water prices for non-residential users.
Higher prices will be applied to commercial buildings, industries, government, schools and hospitals, Riyadh based National Water Co chief executive officer Loay al Mussalam said on December 21 in response to e-mailed questions. He said Saudi regulators are discussing the timing and structure of the tariffs.
Saudi Arabia wants raise prices to encourage water conservation. The kingdom needs $33.3bn in investments in desalination and water recycling plants to meet water demand, Riyadh based NCB Capital said in a report.

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