Water usage has been increasing worldwide by about 1% per year since the 1980s as demand rises due to population growth, socio-economic development and changing consumption patterns. The rate of global water demand is expected to continue increasing at a similar rate until 2050 – and yet, already, over 2 billion people live in countries experiencing high water stress, and a further 4 billion people experience severe water scarcity during at least one month of the year.

According to the United Nations World Water Development Report 2019:

“Three out of ten people do not have access to safe drinking water. Almost half of the people drinking water from unprotected sources live in Sub-Saharan Africa. Six out of ten people do not have access to safely managed sanitation services.”

Our dedicated water solutions company, Almar Water Solutions, strives every day to respond to the challenges associated with water safety, supply and quality and to improve the conditions of communities in which they work.

The company has recently stepped up its active participation in the Middle East’s water sector with two agreements expanding its presence in Egypt and Bahrain:

  • forming a joint venture with HA Utilities (HAU), part of Hassan Allam Holding (HAH), to provide sustainable water infrastructure solutions to municipal and industrial clients across Egypt;
  • acquiring Mubadala Infrastructure Partner’s water investment in Muharraq STP Company (MSC), which has a 29-year concession to build, own and operate a 100,000 cubic meter/day, state of the art wastewater treatment plant and sewer conveyance system in the Kingdom of Bahrain. 

These transactions mark further significant steps forward for Almar Water Solutions and Abdul Latif Jameel Energy’s growth across the region, which has recently included winning contracts to develop one of the world’s largest desalination projects in Al Shuqaiq on the Red Sea coast of Saudi Arabia, and Kenya’s first large-scale desalination plant in the county of Mombasa, which together will supply drinking water to close to three million people.

Read more about Almar Water Solutions here: https://lnkd.in/gbyzGeS