We are FCC - Nº13

water Aqualia strengthens its position in Saudi Arabia with the acquisition of a majority stake in a desalination plant in Jeddah Interior of the desalination plant at the international airport in Jeddah (Saudi Arabia). Panoramic view of the city of Jeddah Aqualia reaches an agreement with the Saudi Arabian group HAACO for the purchase of 51% of Qatarat, the company that holds the concession for the desalination plant at Jeddah International Airport, on the Red Sea coast. The agreement also includes 51%of the shares of HAAISCO, the HAACO subsidiary in charge of the operation andmaintenance of several desalination plants in Saudi Arabia Aqualia has just acquired 51% of the special purpose vehicle (SPV) Qatarat Saqia Desalination Com - pany Ltd (“Qatarat”) from the Sau - di Arabian group Haji Abdullah Ali Reza and Co Ltd (HAACO). Qata - rat manages the desalination plant at King Abdulaziz International Airport in Jeddah, on the Red Sea coast. The agreement reached between both companies is finalised with the purchase of another 51% of HAAISCO (Haji Abdullah Ali Reza Integrated Services Ltd). This is the HAACO subsidiary in charge of the operation and maintenance of several desalination plants in Sau - di Arabia, including the one mana - ged by Qatarat. The Saudi General Authority of Ci - vil Aviation (GACA), which mana - ges the airports in Saudi Arabia, awarded in 2007 to a HAACO par - ticipating consortium the project to build, operate under concession for 20 years and transfer this vital infrastructure. Aqualia now acqui - res a majority stake in this busi - ness and will continue to manage the contract in force until 2029. 42,500 m³ capacity The desalination plant has a pro - duction capacity of 42,500 m3 of drinking water per day. The plant has six single pass reverse osmo - sis systems and another two dou - B U S I N E S S 14 B U S I N E S S