Investment and Financing
All investment for water and sanitation, including desalination, is funded directly by the central government’s budget. The 7th and 8th Development Plans (covering the periods 2000-2005 and 2006-2010 respectively) allocations for water (including irrigation), covering a period of ten years, amounted to Saudi Riyal 34.9 billion (US$9.2 billion) and Saudi Riyal 41.6 billion (US$11.1 billion) respectively, equivalent to US$ 2 billion per year.
It has been estimated that between 1975 and 2000 a total of more than US$100bn has been invested in water supply and sanitation, and that a further US$130bn will be needed between 2002 and 2022, corresponding to US$6.5 billion per year or more than US$200 per capita and year. This level of investment in water per capita is among the highest in the world, higher than in the US, the UK or Germany, due to the high cost of desalination and the need to transport water over long distances. It corresponds to about 1.5% of GDP.
Read more about this topic: Water Supply And Sanitation In Saudi Arabia
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