NWC Wins Second Place in Excellence Award for Local Content Preference

The National Water Company (NWC) won second place in the Excellence Award for Local Content Preference for State-Owned Companies at the third edition of the Local Content Award presented by the Local Content and Government Procurement Authority (LCGPA) in Riyadh on Wednesday, April 30, 2025.

This award is an affirmation of National Water Company's commitment to adopting the best practices to promote and support the growth and development of local industries and to prioritize supporting local content in the water and environmental treatment industry.

Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources and Chairman of LCGPA, honored the company during the authority's announcement ceremony. Mr. Mohammed bin Yahya Al-Soqour, Executive Vice President of Shared Services at NWC, received the second place certificate at the ceremony.

The company stated that supporting local content is in line with its strategic direction, which prioritizes national factories in purchasing its needs, components of its projects and supply chains, benefiting the national economy through local goods, facilities and technology. NWC indicated that the percentage of local content has increased significantly, reaching 70% in 2024. The company pointed out that the percentage of local content in its projects is gradually increasing: it was 110 projects in 2021, 205 projects in 2022 and 798 projects in 2023, to reach a growth of 1060 projects in 2024.

The Local Content Award aims to honor and incentivize those who contribute to the development of local content from various segments for their efforts in complying with local content requirements and maximizing the benefits from purchasing power to build a sustainable, strong economy.