Saudi Arabia Allocates $6 Billion for Water Projects

Translate In Arabic

Riyadh: At the One Water Summit, Saudi Crown Prince Mohammed bin Salman announced Saudi Arabia’s funding of over $6 billion for 200 water development projects in more than 60 countries. This landmark investment reflects the Kingdom's commitment to addressing global water crises and advancing sustainable management of water resources.

The Crown Prince highlighted the pressing threats posed by droughts and water shortages, which endanger ecosystems and human livelihoods worldwide. He called for international cooperation to tackle these challenges, emphasizing the importance of equitable access to water and the role of sustainable practices in ensuring global stability.

This initiative aligns with Saudi Arabia’s broader vision for sustainable growth and environmental stewardship. By prioritizing water resource development, the Kingdom positions itself as a leader in combating critical global issues, fostering resilience, and promoting shared prosperity across nations.