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Saudi contractors shunning water projects deals

: Sunday, June 29 - 2014 @ 01:56

An official from the Saudi water and electricity ministry has said contractors are refusing to apply for water project contracts because they may not be financially feasible for them, Saudi Gazette has reported. The ministry had floated a sewage water recycling project for general bidding but not a single contractor has stepped forward, said the acting director of water in Makkah Province, Omar Bin Ahmed Amir. “The only sealed letter was one we received from a contractor that had apologised for not offering a price quotation,” he said.

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Sunday, June 29- 2014 @ 1:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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