Alkhorayef Water and Power Technologies Company has secured a significant contract valued at 220 million Saudi riyals ($58.61 million) to expand a major tertiary treatment plant in Dammam, Saudi Arabia. The expansion project is poised to boost the plant’s daily capacity by an additional 125,000 cubic meters, significantly enhancing the region’s water treatment infrastructure. Along with increasing capacity, the contract also includes rehabilitating and modernizing the existing facility to ensure more efficient and sustainable operations.
This expansion is critical for addressing the growing demand for water treatment in the rapidly developing Dammam region. As Saudi Arabia continues to invest in large-scale infrastructure projects aligned with its Vision 2030 initiative, this contract underscores the country’s commitment to enhancing water and wastewater management systems. The updated plant will play a key role in meeting the needs of residential, industrial, and agricultural sectors, which are crucial for the region’s long-term development.
According to the company’s statement, the financial impact of the project is expected to materialize in the first quarter of 2025, reflecting the project’s scale and timeline for completion. This contract marks another milestone for Alkhorayef Water as the company continues to establish itself as a leading player in Saudi Arabia’s water and power sectors.
In addition to this contract, Alkhorayef Water and Power Technologies Company also secured six blanket purchase agreements in July from the National Water Company (NWC). These agreements, totaling $51 million, focus on the installation of new water and wastewater connections across the Kingdom. These projects highlight Alkhorayef’s growing portfolio of contracts aimed at modernizing Saudi Arabia’s water infrastructure and improving service delivery across urban and rural areas.
With these new contracts, Alkhorayef is positioned to significantly contribute to the Kingdom’s water sustainability goals. The company’s efforts will not only enhance the capacity and efficiency of existing facilities but will also create new opportunities for technological innovations in water treatment, bolstering the region’s environmental and economic resilience.