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National Water Awards 2.1 Billion Riyals in Projects, SPA Says

July 7 (Bloomberg) -- National Water Co., a state-owned utility in Saudi Arabia, awarded contracts for 2.1 billion riyals ($560 million) in water-work projects in Riyadh as it seeks to meet rising demand in the capital, the official Saudi Press Agency said, citing Chief Executive Officer Loay al-Mussalam.

The Riyadh-based news service didn’t report which companies had won the contracts.

To contact the reporter on this story: Glen Carey in Riyadh at gcarey8@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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