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Saudi Arabia to Spend $148 Million on Baha Region Water Projects

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Feb. 17 (Bloomberg) -- Saudi Arabia will spend 554 million riyals ($148 million) this year on water and sanitation projects in the south-western region of Baha, the Saudi Press Agency reported.

The kingdom’s official news agency cited Mohammed Al Adheid, director general of the water department in the region, on its website today.

Saudi Arabia, the biggest oil producer with the Arab world’s largest economy, allocated $6.4 billion for water and sanitation projects in 2013 and is building power stations to cope with growing demand as well as desalination plants to supply drinking water to lessen the country’s reliance on oil exports.

State-owned National Water Co. plans to spend $66 billion on plants and upgrades over the next 10 years.

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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