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• Present in the Middle East for more than 50 years, Veolia generated sales of 1.1 billion euros in 2023 in the region through its three core businesses (water, energy and waste), and employs more than 11,000 people.

• The Middle East is a strategic zone for the Group, which has decided to make it a geographic booster for its GreenUp 24-27 strategic plan.

• Veolia confirms its ambition and targets growth of +50% in the region by 2030, based on its innovations in the fields of water resource preservation, hazardous waste treatment and local low-carbon energy production.

• World leader in desalination, Veolia plans to grow 2 times faster than the market in the coming years and supplies its cutting-edge reverse osmosis technologies to emblematic sites in the region, including the Hassyan plant, the most energy-efficient and the second largest in the world, the Hamriyah and Mirfa 2 plants (in the United Arab Emirates), as well as the Sur plant (in Oman) and the Sadara-Marafiq plant (in Saudi Arabia).

PARIS, December 03, 2024--(BUSINESS WIRE)--Regulatory News:

During French President Emmanuel Macron's state visit to Saudi Arabia, Veolia (Paris:VIE) unveils its growth ambitions in the Middle East, a geographic booster of the GreenUp strategic plan.

Committed to the region for over fifty years, the Group leverages its international expertise and capacity for innovation to facilitate the deployment of cutting-edge, tailor-made solutions, particularly in the fields of water treatment, hazardous waste, and decarbonizing local energy. After achieving sales of 1.1 billion euros in 2023 in the Middle East, Veolia is now aiming for + 50 % growth by 2030.

This acceleration is based in particular on a genuine awareness of the effects of climate change in the region. According to the 2024 Ecological Transformation Barometer conducted by Veolia, 86% of Saudi residents (+22 points compared to 2022) and 81% of Emirati residents (+20 points compared to 2022) now consider climate change to be a reality.

To meet the challenge of ecological transformation in the Middle East, continuing to offer its municipal and industrial customers innovative solutions that meet their needs and fueling its ambitions in terms of growth, Veolia relies on its international expertise and its ability to adapt its innovations to local issues.

In the water sector, at a time when the Middle East is having to adapt to the consequences of climate change and cope with the increasing scarcity of water resources, Veolia offers comprehensive support for the water cycle. The Group innovates to offer a mix of solutions for reusing water resources, supporting the most water-consuming industries in their activities, and successfully carrying out large desalination projects¹. The development of desalination capacities, which represent a potential market of $97 billion between 2024 and 2028¹, is essential, as they are today part of the mix of solutions needed to cope with the increasing scarcity of water resources.
Veolia is supplying its cutting-edge technologies to the Hassyan desalination plant (United Arab Emirates), the second largest in the world, supplying water to 2 million people; to the Hamriyah plant, supplying drinking water to 1.4 million people; and to the Mirfa 2 plant, supplying drinking water to 210,000 households in the United Arab Emirates. The Group also equips the Sur plant in Oman with its reverse osmosis technologies, and the Sadara-Marafiq plant in Saudi Arabia, which has been operating since 2016 to supply industrial water to the Jubail petrochemical complex. With an order book that is already full. On desalination, Veolia plans to grow twice as fast as the market over the coming years.