The GCC faces a massive challenge in building sufficient desalination capacity to meet water demand with Oman and Riyadh already having experienced scarcities.
Stipulation of water will continue a key priority for GCC administrations in the coming five years as demand for this very important resource continues to increase at a quick pace.
The desalination capacity requirement for the GCC is estimated to arrive at 6,057 million imperial gallons a day (MIGD) by 2020, 37% higher than the existing installed capacity of 3,824MIGD, according to the latest information.
As a result, desalination will be one of the most active sectors of the GCC projects, with administrations well alert and responsive that their populations and industries expect and depend on uninterrupted water supplies. Strong economic development and relative political stability will guarantee the region remains the focus for worldwide water corporations.
In upcoming years, Middle East will be one of the top three target markets. They are looking at all countries in the Middle East and North Africa but the GCC remains significant.
Whereas the GCC states share many geopolitical and economic characteristics, the challenges facing their water segments differ quite significantly. As Dubai presently has an exceedingly healthy reserve margin of 37% supply at peak periods, consequently, executing new desalination projects is an urgent necessity.
In the meantime, Saudi Arabia is the GCC’s most populous country and world’s biggest producer of desalinated water, will remain to be the region’s leading spender on water supply projects until 2020. The kingdom will account for 40% of the added 2,233MIGD of desalination capacity required time.