Eng. Abdulrahman bin Abdul Mohsen Al-Fadhli , minister of Environment, Water, and Agriculture has inaugurated the "Sharakah" forum organized by the water distribution sector represented by the National Water Company in Riyadh on Monday, 10 Rabi Al Thani 1440H / 17 December 2018. The forum aims to develop work mechanisms with companies, governmental or private, with the participation of a number of officials in the government sectors, and a selection of specialists, and more than 150 investment companies from the contracting sector.
From his side, HE Eng. Abdulrahman bin Abdul Mohsen Al Fadhli, minister of Environment, Water, and Agriculture, said that the forum comes under the ambitious visions and programs enhancing the participation of the private sector in developmental projects where the modern structure of the water distribution sector lies in providing the best practices and achieving sustainability and water security.
HE stated in his opening speech at the forum: "The Ministry of Environment, Water, and Agriculture and related parties are striving to develop this partnership in new work tracks that meet the aspirations of creating a vital sector with investment opportunities that will push it towards new levels to match the private sector's leadership and its participation in the wheel of sustainable development in water and sewage projects in the presence of a high value competitive environment for these projects, achieving the desired return of investment partnership and enhancing the business quality and sustainability requirements."
He added that the size of projects carried out and are currently under implementation put the sector in front of challenges to confirm the soundness of regulatory procedures and smooth nature of incentives to support the private investment partnership as part of the efforts to create a more attractive and diversified investment environment. He pointed out that this comes in line with the future steps related to the implementation of the National Transformation Program Initiatives maximizing the role of the private sector to become an effective development engine with its characteristics that enhance supply and demand.
Al-Fadhli mentioned that the investment opportunities in the water distribution sector are characterized by their diversity which adds another dimension to the sector's structuring tools and supports the innovation spirit in order to achieve fair competition.
On his part, the CEO of the National Water Company, Eng. Mohammed bin Ahmed Al Mukali, said that the forum gets to explain the strategy of achieving the 2030 vision implemented by NWC and its mechanism that supports and preserves the water resources as well as the environment with a safe and reliable supply, in addition to increasing the service competitiveness and administrative and operational efficiency. He also discussed the challenges of implementing projects, ways to improve the efficiency, operational water services in the Kingdom, and the mechanism to accelerate the projects implementation to ensure they are not delayed.
Al-Mukali stated in his speech to the forum: "The National Water Company is applying several procedures to ensure that the reasons for faltering and delaying projects are dealt with in light of the ongoing meetings with the defaulting contractors and agreeing on corrective plans for the implementation of projects." He stressed that the project management permanent office follows up and is greatly concerned with the commitment of defaulting contractors in corrective plans, in addition to identifying the ideal solutions to avoid this in the future.
Al-Mukali stressed that the company is constantly developing a partnership with the contractors' sector by re-organizing regulatory, conditional, and incentive measures and more effective communication channels to raise the standards of performance competitiveness in order to increase the level of service for the beneficiaries achieving the initiative objectives of the National Transformation Programs 2020.