Articles
Companies

Home / NEWS / Haya Water plans to invest $2bn in Oman by 2022

Haya Water plans to invest $2bn in Oman by 2022

by Rajiv Ravindran Pillai on Dec 14, 2017


Haya Water has connected 102,000 buildings to the network in Muscat governorate so far.
Haya Water has connected 102,000 buildings to the network in Muscat governorate so far.

RELATED ARTICLES: Petrofac wins $800m contract for BP's Khazzan Phase 2 in Oman | Majis Industrial launches Phase 2 of $31m waste plant in Oman | Oman-listed Galfar wins $15m Petrofac EPC contract

Oman-based Haya Water plans to invest $2bn (OMR1bn) over the next four years to 2022.

Hussain Hassan Ali AbdulHussain, the CEO of Haya Water said that the investment is mainly for developing sewage network and for building sewage treatment plants in different parts of the country.

The company is also looking at public-private-partnership (PPP) for developing future wastewater projects in the country, according to Times of Oman

AbdulHussain said: “We have a strategy for public-private-partnership (PPP), which was presented to the board of directors of Haya Water and the Ministry of Finance for approval. Some of the projects can attract foreign investment.”

He also said that several projects, including some of the sewage treatment plants, have been identified to be developed with private investment.

Haya Water has connected 102,000 buildings to the network in Muscat governorate so far.



Advertisement




Articles
Companies