Miahona and its international alliances won a water development contract with the National Water Company with a total value of 579 million Saudi riyals.
On Sunday, November 21, 2021, the National Water Company “NWC” announced the signing of two contracts with the private sector to manage the operation of water treatment and environmental services in the Middle and Eastern Clusters. These two groups were merged under the company’s umbrella in early March.
The signing was honored and attended by His Excellency M. Abdul Rahman bin Abdul Mohsen Al-Fadhli, Minister of Environment, Water and Agriculture, “Ministry of Environment, Water and Agriculture” and Chairman of the Board of Directors of the National Water Company, sponsored the signing ceremony of concession contracts for water projects with the Miahona Alliance, the French “Sour” Group and the Philippine “Manila Water” company.
The CEO of NWC signed the contract with the representative of the Saudi Miahona Alliance, the French group “Saur” and the Philippine company “Manila Water” for the operation and maintenance of the Eastern Bloc for 221 million Saudi riyals.
The National Water Company (NWC) has announced that a Saudi, French and Filipino consortium of Saudi Arabia “Miahona” have won the third management contract. The consortium will operate water and environmental treatment services in the Eastern Bloc (Eastern Province), with a value of more than 221 million Saudi riyals, for seven years.
On behalf of the winning consortium, Miahona has proven that they have successful experience in managing and developing water treatment and environmental services in Saudi Arabia for decades.
Miahona (under Vision Global Investment, a subsidiary of Abunian and Al-Muhaidib Groups) has been a leading developer of water services (potable, industrial, recycled and sewage) in the past 20 years.
The French “Sauer Group” is a major international water services provider serving more than 20 million customers worldwide and is present in the Kingdom through the services of water supply, wastewater treatment and industrial cooling in Jubail and in partnership with the utility company.
Manila Water is the operator of the concession on the eastern side of Manila, one of the largest and most successful concessions in Asia and has contributed to the transformation of water services to more than 14 million customers in Manila and around the world, and provides water services in the Philippines, Vietnam, Thailand and Indonesia.