China Energy Investment Corporation has partnered with a consortium led by JSG Saudi Arabia to launch a comprehensive brine processing project in Saudi Arabia.
The ambitious initiative aims to address brine discharge pollution through advanced green seawater desalination technology, while also meeting both daily and industrial water demands in the country.
This strategic project, approved as a milestone in the deepening cooperation between China and Saudi Arabia, aligns with the Belt and Road Initiative and Saudi Vision 2030, marking a significant advancement in bilateral relations.
The signing ceremony was attended by representatives from Saudi Arabia’s Public Investment Fund (PIF), the top recycling investment firm SIRC, and the Shuangliang Group, underscoring the broad support and high-level engagement in this venture.
China Energy has emphasized its intention to leverage its comprehensive industrial chain capabilities to accelerate the project’s implementation, aiming to set a new benchmark in the industry.
The project has garnered national-level support in Saudi Arabia, with JSG Saudi Company securing the concession to operate the project through a competitive tender process, and subsequently signing a Joint Development Agreement with the Saline Water Conversion Corporation, further solidifying the project’s foundation.
Source :TradeArabia
