Nama Holding to complete restructuring of Oman’s water sector by 2019 end

Nama Holding to complete restructuring of Oman’s water sector by 2019 end
Birds fly over the water near a seaside road in the Omani capital of Muscat on January 16 2009 Oman faces Saudia Arabia tomorrow in the 19th Gulf Cup final football match AFP PHOTOKARIM JAAFAR Photo credit should read KARIM JAAFARAFPGetty Images
Published: 30 May 2019 - 12:30 p.m.
As part of the government’s efforts to make Oman’s water and wastewater sector more efficient and competitive, Nama Holding is aiming to complete the restructuring of the country’s water sector by the end of this year.

According to Muscat Daily, Nama Holding said it is spearheading the execution of a 20-month long detailed design and implementation phase for water sector restructuring, which was initiated in April 2018 and moving forward as planned.

Eng Omar bin Khalfan al Wahaibi, chief executive officer of Nama Group recently said while addressing Nama Group’s annual media briefing, said: “Nama Holding continues to work closely with the Public Authority for Water (Diam) to achieve the government’s initiative to restructure the water sector.”

Once the restructuring process is completed, the structure of Oman’s water sector will almost be similar to the country’s electricity sector, which was restructured around 2004, Wahaibi said.

Wahaibi said the primary objective of the water sector restructuring is to enhance the efficiency of the whole setup and expand services to the areas, which are currently not served by any other government entity.

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