Naqi Water signs SAR 4.2 million deal to install desalination plant at Riyadh factory
Naqi Water Co.signed on Sept. 29, a contract with Middle East Factory for Machines Co. (MEMCO) to purchase, supply, and install a stainless-steel water desalination plant for its new factory in Riyadh, at a total value of SAR 4.2 million.
In a statement to Tadawul, the company said the contract includes the supply and installation of machinery and equipment for the water treatment and desalination plant, in support of Naqi’s operational expansion in the Riyadh region. This move aligns with the company’s growth strategy aimed at increasing its operational capacity, boosting market share, and expanding the geographic distribution of its factories.
Naqi Water signs SAR 4.2 million deal to install desalination plant at Riyadh factory
Naqi Water Co.signed on Sept. 29, a contract with Middle East Factory for Machines Co. (MEMCO) to purchase, supply, and install a stainless-steel water desalination plant for its new factory in Riyadh, at a total value of SAR 4.2 million.
In a statement to Tadawul, the company said the contract includes the supply and installation of machinery and equipment for the water treatment and desalination plant, in support of Naqi’s operational expansion in the Riyadh region. This move aligns with the company’s growth strategy aimed at increasing its operational capacity, boosting market share, and expanding the geographic distribution of its factories.
