Nesma & Partners and Saur sign a MoU to pursue a renewed water plants project in Riyadh

The MoU was signed in Paris by Samer Abdul Samad, President and CEO of Nesma & Partners, and Patrick Blethon, Executive chairman of Saur.

The signing took place during the French-Saudi Investment Roundtable Meeting, held in Paris in the presence of His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia, and the French President Emmanuel Macron, as Saudi Arabia and France continue to strengthen their strategic and economic partnership. The visit includes engagements focused on advancing bilateral cooperation, including through the Saudi-French Strategic Partnership Council and a Saudi-French business forum in Paris. The MoU reflects the broader momentum of collaboration between Saudi and French companies and the opportunities to bring together complementary expertise in support of the Kingdom’s development priorities.

"This agreement marks an important step in our relationship with Saur and in our continued efforts to expand our participation in the Kingdom’s water infrastructure sector. We value the opportunity to work alongside a partner with strong expertise in this field and to build on the relationship we established last year. We look forward to developing this collaboration further and pursuing opportunities that can contribute to the Kingdom’s long-term development. "

Samer Abdul Samad

President and CEO of Nesma & Partners

"We are proud to deepen our partnership with Nesma & Partners, a leading Saudi company that shares our commitment to excellence and long-term impact. This Memorandum of Understanding marks a new step in our partnership and reflects our shared ambition to contribute to one of the Kingdom’s landmark developments. By combining local strength and international water know-how, we are committed to helping build resilient and sustainable infrastructure that supports Saudi Arabia’s Vision 2030 and the prosperity of future generations. "

Patrick Blethon

Executive chairman of Saur

The agreement further reinforces the strategic collaboration announced by Nesma & Partners and Saur in late 2025, taking the relationship toward a defined opportunity in Riyadh. Under the MoU, the two companies intend to form a fully integrated unincorporated joint venture to pursue the design-build works for the two renewed water plants.

For Nesma & Partners, the agreement represents a further step in expanding its participation in the Kingdom’s water infrastructure market. As the leading provider of integrated project solutions in Saudi Arabia, Nesma & Partners brings extensive experience across infrastructure, building, energy, and operations and maintenance projects.

Saur brings more than 15 years of experience in Saudi Arabia through Saur Saudi Arabia, supported by its international expertise in water infrastructure, technology, and operations.

The proposed joint venture will combine Nesma & Partners’ experience in delivering complex projects across the Kingdom with Saur’s specialized expertise in water infrastructure, technology, and operations. This complementary combination strengthens the companies’ ability to pursue opportunities in Saudi Arabia’s growing water infrastructure sector.

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Nesma & Partners and Saur sign a MoU to pursue a renewed water plants project in Riyadh

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