Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

National Water Company (NWC)

The Saudi state-owned utility responsible for water distribution, wastewater management, and the delivery of water services across the Kingdom's cities and regions.

National Water Company (NWC) — Encyclopedia | Saudi Vision 2030

Definition

The National Water Company (NWC) is a Saudi state-owned company responsible for water distribution, wastewater collection and treatment, and customer service delivery across the Kingdom, operating as the primary water utility serving Saudi cities and communities.

Overview

Established in 2008, NWC was created as part of the Saudi government’s strategy to corporatize and professionalize the management of water services. Saudi Arabia is one of the most water-scarce countries in the world, relying heavily on desalination for potable water supply. NWC manages the “last mile” distribution of water from desalination plants and groundwater sources to homes, businesses, and institutions.

NWC operates water distribution networks across Saudi Arabia’s major cities including Riyadh, Jeddah, Makkah, Madinah, and Dammam. The company also manages wastewater collection and treatment infrastructure, with treated wastewater increasingly reused for agricultural and industrial purposes. NWC serves millions of customer connections and processes billions of cubic metres of water annually.

The company has undergone significant operational improvements, including network rehabilitation to reduce water losses (which historically exceeded 30 percent in some areas), digital metering and billing systems, customer service modernization, and tariff reform. NWC has also engaged international water management companies through management contracts and PPP arrangements to bring operational expertise and investment.

Key Facts

FactDetail
Established2008
OwnerSaudi government
CoverageMajor Saudi cities (Riyadh, Jeddah, Makkah, Madinah, Dammam)
ServicesWater distribution, wastewater collection and treatment
Key ChallengeWater scarcity (reliance on desalination)
Network RehabilitationReducing losses from 30%+
PPP EngagementInternational management contracts

Role in Vision 2030

NWC is central to Vision 2030’s infrastructure and sustainability objectives. Reliable water supply is a prerequisite for the Kingdom’s population growth, urban expansion, and industrial development ambitions. The company’s modernization — including network efficiency, digital metering, and service quality improvements — supports the Quality of Life pillar by ensuring Saudi residents have access to safe, reliable water services.

NWC is also a key candidate for the Privatization Program, with the potential for partial or full privatization to attract investment, improve efficiency, and generate proceeds for the government. Water sector reform exemplifies the broader Vision 2030 strategy of transitioning public services from government-operated monopolies to commercially managed, privately financed utilities.