RIYADH, Saudi Arabia, October 11, 2010 -- GE has signed a memorandum of understanding (MOU) with Miahona, a subsidiary of the Arabian Company for Water and Power Development Ltd. (ACWA Holding), to support the Kingdom’s goal for sustaining a reliable water supply and meet wastewater management requirements.
The aim of the MOU is to provide a framework for promoting the use of advanced membrane technology, such as membrane bioreactors in water reuse, and the pursuit of wastewater treatment, wastewater reuse and zero liquid discharge projects in the Kingdom of Saudi Arabia.
A key expectation is for GE to deliver advanced technology and treatment solutions to meet the Kingdom’s environmentally conscious municipal and industrial wastewater discharge regulations.
The water reuse market in Saudi Arabia is expected to be worth $3.4 billion between 2009 and 2016, making it the third largest water reuse market in the world, according to the Middle East North Africa Financial Network.
Professor Walid A. Abderrahman, managing director of Miahona, said: “The Kingdom of Saudi Arabia has one of the fastest growing economies in the Middle East, and the wastewater and water reuse issues need to be addressed now in order to sustain this rapid growth over the next five years."
Joseph Anis, GE Energy’s president for the Middle East, said: “This MOU with Miahona reflects GE’s active response to the Kingdom’s call for more private sector initiatives to establish and manage water reuse projects and plants. These initiatives and commitments, combined with education about the critical issues facing the energy industry today, can go a long way toward achieving a sustainable water future for the Kingdom and the region.”
The MOU also followed the opening last year of the 7,500 square meter GE Water & Process Technology Center in Dammam, which represents a $10 million investment.
Other recent projects featuring GE’s advanced energy solutions include Marafiq which has the capacity to produce more than 2.7 gigawatts of power and 800,000 cubic meters per day of desalinated water.