Type
Public water PPP procurer and principal offtaker
Public water PPP procurer and principal offtaker
Sharakat (Saudi Water Partnership Company)
Sharakat is the current identity used by Saudi Water Partnership Company, a Ministry of Finance-owned entity established in 2003 and expanded by Cabinet decision in 2017 to act as principal buyer of desalinated, treated and untreated water.
Active regions
Middle East, Saudi Arabia
Marine works roles
Independent water and wastewater PPP procurer, Principal water buyer and offtake-agreement counterparty, Water-project demand, capacity and procurement planner, PPP contract manager and project-company counterparty, Desalination, treatment, transmission, storage and dam programme client, Land, fuel, electricity, feedstock and interconnection interface coordinator, Government approval, licence and permit coordination interface, Owner-side client for seawater intake and outfall obligations
Role in marine infrastructure
Sharakat is the current identity used by Saudi Water Partnership Company, a Ministry of Finance-owned entity established in 2003 and expanded by Cabinet decision in 2017 to act as principal buyer of desalinated, treated and untreated water. It tenders and manages public-private partnership projects across seawater desalination, water purification, sewage treatment, strategic reservoirs, transmission systems and dams. Its owner-side work includes demand and procurement planning, competitive tendering, offtake agreements, wholesale water purchase and sale, contract management, and coordination of land, fuel, electricity, feedstock, interconnection and government-approval interfaces. For coastal desalination, that role can define the project company, water-purchase structure and intake-outfall obligations, but it does not make Sharakat the marine designer, EPC contractor, asset operator or statutory regulator. At Ras Mohaisen, its records control the agreements, sponsor structure, financial close and phased production schedule; the L&T-Lantania delivery chain and project company remain responsible for execution and operating evidence.
Sources used 5
- Sharakat company and project portfolio Sharakat (Saudi Water Partnership Company), Current page reviewed 14 July 2026
- Saudi Water Partnership Company profile Sharakat (Saudi Water Partnership Company), 2026
- Seven-Year Statement 2024-2030 Saudi Water Partnership Company, Planning statement reviewed 14 August 2026
- Sharakat company portfolio Sharakat (Saudi Water Partnership Company), Current portfolio reviewed 14 August 2026
- Financial close for Ras Mohaisen independent water desalination plant Sharakat (Saudi Water Partnership Company), 25 December 2025
Source collections