About Us
Who are we?
Introduction of Saudi Water Partnership Company (a single member limited liability company)
The resolution of the Council of Ministers No. 494 dated 5/8/1438H extended the scope of the work of the Company as the Principal Offtaker of water to include the purchase of desalinated, purification, treated and untreated water in addition to co- generation, and the Minister of Finance provides the credit support to the Company to support its financial solvency of the signing of long-term purchase contracts within the framework of the principles stated in the Council of Ministers Resolution No. (181) dated 9/6/1425H, in accordance with the terms and conditions set by the Minister of Finance, the transfer of ownership of the company in full to the Government, with the agreement on corporate governance and contracted projects.
The Ministry of Finance owns fully (100%) the Saudi Water Partnership Company and the Company’s capital is SR (100,000,000) One Hundred Million Saudi Riyals.
Company Objectives
- Tendering of plants and projects of desalination, water purification, sewage water treatment and co- generation for the private sector (i.e., IWP, IWPP, STP).
- Tendering of water storage tanks projects.
- Tendering of projects for the construction of dams for the purpose of providing drinking water.
- Tendering of water Transmission System network for all types of water.
- Purchase and sale of water (desalinated, purification, treated and untreated) and electricity and the conclusion of the necessary agreements.
- Purchase the fuel needed to achieve its purposes.
History of the company
Earlier, following the Resolution 5/23 of Supreme Economic Council, the company was established as a Limited Liability Company (LLC) in 2003, owned 50% each by Saline Water Conversion Corporation and Saudi Electricity Company, where the main purpose of the establishment of the company was to purchase water and electricity from private sector projects and sale of water to Saline Water Conversion Corporation and electricity to Saudi Electricity Company.
Vision
Becoming a leader in sustainable and reliable procurement of water in partnership with the public and private sector
Mission
Ensuring supply of affordable water and water services through competitive and transparent tendering and efficient off taking , while being environmentally and financially sustainable
Values
Society-Integrity-Reliability-Transparency-Social Responsibility
SWPC Mission
SWPC Services
CEO Message
Our role draws strength from Saudi Vision 2030 and the National Water Strategy 2030, where the company plays an important role in saline water desalination and sewage treatment in partnership with the private sector to provide high-quality, low-cost water services, in addition to increasing local content and using the latest modern water desalination and treatment technologies.
SWPC aims to enhance the Water Availability in regular and emergency situations and maximize the benefit from treated water by establishing separate plants in partnership with the private sector.
We also aim to enhance the participation of the private sector to reach 100% of the production of desalinated water in 2030.
We also seek to enrich local content, increase settlement rates, and encourage developers and operators to cooperation with local manufacturers and companies, in addition to attracting local talents, as we strive to achieve a localization rate of more than 70% in all desalination plants.
All of this encourage us to work hard to develop and improve the company’s operational performance, improve the efficiency and quality, enhance local talents and expertise and develop and improve the company’s operational performance, improve the efficiency and quality, enhance local talents and expertise and develop them, and share experiences to maintain and enhance knowledge capitalization.
We are proud with the company’s evolution and recommend that you to visit our new website for the latest information about our website www.swpc.sa.
