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<div>On April 11, 2016, Nesma Water &amp; Energy (NW&amp;E) celebrated its 5th anniversary since establishment of the company by Saleh Al-Turki, President, Nesma Holding, Mahmoud Fallatah, CEO of NW&amp;E and Eng. Abdulaziz Gabel. The last five years was a period filled with many challenges, obstacles and critical strategic decisions. Patience, growth management and teamwork were the main factors in overcoming these circumstances and assuring today&rsquo;s success.</div>
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<div>Within six weeks of inception, NW&amp;E had secured five projects; one with the Ministry of Water &amp; Electricity (MOWE) for operation and maintenance in the Dwadmi and Affif regions and four with the National Water Company (NWC) for replacement of 96,000 water meters in Jeddah.</div>
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<div>In 2013, NW&amp;E was awarded the first mega project with the NWC worth approximately SAR 511 million, a very important, strategic, rush project to enhance water resources in Riyadh. Although challenging, the project was completed successfully and was followed by a two-year operation and maintenance contract. The company is proud that it was then awarded for the Best Global Water Project during the National Water Summit in Paris in early 2014.</div>
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<div>As a result of its phenomenal growth, Nesma Water &amp; Energy was eligible to become a First Class Contractor by the Ministry of Municipal and Rural Affairs. In 2014, NW&amp;E expanded its expertise into the infrastructure market by including King Abdullah Economic City in its top-notch client list and acquiring two large infrastructure projects. The Industrial Valley Phase Two and Al-Murooj Beach Community Two valued around SAR 400 million. 2015 saw the acquisition of additional contracts with MOWE and NWC as well as the acquisition of another two contracts for 26,000 water meters in Jeddah. NW&amp;E was also awarded a project to build four water treatment plants in Riyadh, Dhurma, Hail and Al-Ahsa for the Saudi Industrial Property Authority (MODON).</div>
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<div>NW&amp;E celebrated its 5th anniversary during the April Board meeting headed by Sh. Saleh Al-Turki by exchanging congratulations and gifts. In addition, there was a family oriented social gathering for NW&amp;E staff, which took place in a resort in the Obhur area.</div>
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<div>&ldquo;Today we can say that we have a distinguished company with the ability to carry out complicated projects, and we are very proud of it and proud of Engr. Mahmoud Fallatah who is carrying it from one success to the next,&rdquo; says Sh. Saleh.</div>
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<div>NW&amp;E has ambitious plans not only to continue expanding in its present market fields but also to embark on new endeavors on local, regional and national scales. This includes renewable and green energy in line with global sustainability trends, as well as Build Operate Own Transfer (BOOT) projects as part of the national privatization movement in the water and power sector.</div>
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<div>NW&amp;E released a movie to mark the occasion which can be viewed here (https://youtu.be/7OeABruxYcM).</div>
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