The MoU aims to explore collaborative opportunities in water project development across Saudi Arabia and the broader Middle East region.

Under this strategic partnership, both WABAG and AEW will cooperate on various aspects, including engineering, procurement, and construction (EPC), project development, and feasibility assessments for potential water projects.

This collaboration will leverage the combined expertise of both organizations to tackle the pressing water challenges in the region. AEW will provide critical support related to local market intelligence, business development, and engagement with potential customers, off takers, regulators, ministries, lenders, and suppliers in the region. WABAG will contribute technical and commercial expertise required for feasibility assessment and project development.

The MoU signifies a strategic partnership that aims to address the growing demand for sustainable water solutions in the Middle East. Through this collaboration, AEW and WABAG will pool their resources and expertise to drive innovation and contribute to the development of water infrastructure in the region.

Pankaj Malhan, Deputy Managing Director & Group CEO of WABAG, said: “The MOU will help both the organizations in the development collaboration and exploring the feasibility of development and investment opportunities in Water Projects in the kingdom of Saudi Arabia and other geographies in Middle East.

With a historic presence, WABAG is a reliable partner in the middle east region with developing several large scale water and wastewater infrastructure. This MoU is a significant step in our commitment to providing sustainable water in Saudi Arabia, and the broader Middle East.”

Va Tech Wabag is a pure-play water technology company. It offers a complete range of technologies and services for total water solutions in both municipal and industrial sectors.