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MINISTER OF WATER AND ELECTRICITY GIVES STATEMENT
Saudi Press Agency Published in Saudi Press Agency on 13 - 06 - 2007

MINISTER OF WATER AND ELECTRICITY AND CHAIRMAN OF THE BOARD OF DIRECTORS OF THE SALINE WATER CONVERSION CORPORATION ABDULLAH ALHOSAIN STATED THAT THE PRIVATIZATION OF THE CORPORATION IS PROCEEDING AS PLANNED.
THE MINISTER ADDED THAT THE PRIVATIZATION OF THE CORPORATION IS CURRENTLY AT THE SUPREME ECONOMIC COUNCIL.
IN A PRESS STATEMENT HERE TODAY AFTER HE CHAIRED A MEETING OF THE CORPORATION, MINISTER ALHOSAIN SAID THE ELECTRICITY SECTOR WILL BE RESTRUCTURED TO ESTABLISH SEVERAL COMPANIES UNDER THE UMBRELLA OF THE MAIN COMPANY, WHICH IS THE SAUDI ELECTRIC COMPANY FOR GENERATION AND DELIVERY.

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