ACWA Holdings Saudi Arabia

ACWA Holdings Saudi Arabia is a Winner of the 2016 Global Sustainable Development Award and Accredited as a Global 500 Sustainable Development Agency of the year 2016 in appreciation of its contribution towards social-economic development of the world and its contribution towards attainment of United Nations Sustainable Development Goals. A Corporate Supporter ofSustain Africa Network

Since its founding, ACWA Holding, through its main affiliate ACWA Power International, has successfully pursued power and water development opportunities in Saudi Arabia and the wider Arabian Gulf region. Today, ACWA Power International stands as the largest private producer of water, a major generator of power and a leader in the privatization of state-owned utilities and assets in Saudi Arabia.

Pursuing further expansion, ACWA Holding has developed an integrated strategy of diversification into complimentary infrastructure activities including utilities and water management; district cooling; civil contracting; pipe, manufacturing; and industrial mining.

More recently, ACWA Holding has widened its activities into other infrastructure-related businesses such as the development of privately-owned industrial cities, transportation with considerable success in the areas of air cargo and the expansion of the Saudi transportation network and logistics in particular.

VISION

To attain global leadership as an infrastructure developer through both acquisitions and greenfield project development.

MISSION

To promote economic and social development in the Kingdom of Saudi Arabia, the MENA Region and globally by pursuing a well-defined business model focused on asset development, ownership and management.

STAKEHOLDERS

ACWA Holding is owned equally by Al Muhaidib Group and Abdullah Abunayyan Group, two well-reputed, long-established and highly-diversified Saudi business houses with outstanding records of achievement and sound financial credentials. In combining their foresight and entrepreneurialism with their considerable experience and expertise the partners have been a major factor in the success of ACWA Holding.
Perhaps nowhere that the Investors' strong financial principles and detailed analyses that have ensured the soundness of ACWA Holding's activities is more evident than in its ability to raise more than USD 10 billion from major international, regional and local financial institutions for its projects in recent years.

Al Muhaidib Group was founded in Dammam more than 60 years ago and today has a wide spread of interests comprising building and construction materials, food and retail, animal feed, communications, mega shopping centers, industrial activities especially construction industries, general contracting and investment specialized companies.
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Abdullah Abunayyan Group commenced operations in 1950 providing integrated solutions for the water industry in Saudi Arabia and the GCC countries, subsequently expanding into trading, manufacturing, the provision of services and investment in the water, power, oil and gas sectors so becoming a leading turnkey contractor in water and energy related activities.
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PARTNERS

From the very beginning the founders of ACWA Holding have sought alliances with globally-recognized companies. Today, ACWA Holding is proud to boast about its highly successful relationships with Suez Energy International and Suez Environnement of France; Sasakura, Mitsubishi Corporation, Marubeni Corporation, JGC Corporation and Itochu Corporation of Japan; Malakoff, Khazanah, TNB and Zelan Holding of Malaysia; Air Product and USA. As ACWA Holding continues along its global growth path it will work to build yet further on these existing partnerships and establish relationships with other companies of stature in the international market place.

CORPORATE SOCIAL RESPONSIBILITY

ACWA Holding is an active and responsible corporate citizen and as such has taken up the challenge to serve the communities in which it works.

To this end ACWA Holding, through ACWA Power International, funds a Chair in Water Resources and Desalination at King Saud University and set up a specialized training centre to provide courses in the fields of water and power technology and operation and maintenance.

Furthermore, the company makes every effort to recruit, train and fully integrate qualified and ambitious young Saudis into its various businesses, thus providing them with every opportunity to attain their full personal growth.

Furthermore, the concern for the protection of the environment is fundamental to ACWA Holding's corporate philosophy. This concern can be found in the company's funding of the King Abdullah Water Centre, a permanent awareness and education centre; the sponsorship of seminars, exhibitions and water saving campaigns; and the planting of trees in industrial cities. ACWA's projects are professionally certified as being in full compliance with local and international environmental standards and legal regulations.

CONTACT US

ACWA Holding
P. O. Box 321, Riyadh 11411 KSA

Tel:  +966 11 477 9590
Fax: +966 11 478 0230
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