Approval Information
It is my honor to lead Marafiq, and to set its ambitious sails in the exploration of new territories and to develop a world-class culture of sustainability within Marafiq.
Marafiq’s core objective is to provide integrated utility services that meet the requirements of its growing customers within the industrial and residential cities of Saudi Arabia. Sustainability of the water and power sector along with vital infrastructure investments are fundamental in supporting the Kingdom’s 2030 Vision goals. Marafiq considers the privatization initiative in Saudi Arabia as a strategic growth opportunity to contribute to its water and cogeneration utility services portfolio. Within this growth strategy, Marafiq aims to participate as a significant project developer in both regulated and non-regulated projects.
Marafiq has several large-scale projects that are underway, such as the expansion of Marafiq’s Industrial Wastewater Treatment Plant 8 which will provide an additional capacity of 125,000 m3/day in Jubail Industrial City. Marafiq is also focusing on another privatization initiative which is building an Independent Sewage Treatment Plant (ISTP) near Jeddah Airport 2 which will have a capacity of 300,000 m3/day. Marafiq is also in the process of conducting a feasibility study in Yanbu Industrial City for a Solar PV-based Power Plant, which aims to deliver a capacity between 200 to 400 Mega Watt peak (MWp).
Marafiq seeks to add more strategic value to the national economy and to further develop its in-country value. Marafiq has an excellent reputation as a responsible corporate citizen and will find more innovative ways to extend its corporate social responsibility initiatives and build trusted relationships with all of its stakeholders, especially the industrial, commercial, and residential communities in which it operates.
At the heart of Marafiq is its most valuable asset, its people. One of Marafiq’s strengths is its resilience which cannot be realized without the commitment of its people. To take Marafiq into the future, it will focus on up-skilling and developing all of its staff’s competencies through various training activities to meet its strategic business goals.
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