Established in terms of Royal Decree M/29 of 18 October 2000 (22 Rajab 1421 Hijra) as a joint-stock company, Marafiq is owned by its four major shareholders – Saudi Basic Industries Corporation (SABIC), Saudi Arabian Oil Company (Saudi Aramco), Public Investment Fund (PIF) and the Royal Commission for Jubail and Yanbu (RC) – and seven private sector investors. Marafiq started operating as a private power and water utility company on 1 January 2003, with SR 2,5 billion of initial owner equity.
Marafiq's headquarters are in Jubail Industrial City on the Arabian Gulf, and the regional office is based in Yanbu Industrial City on the Red Sea. A representative office is located in the capital Riyadh.
Marafiq's main objective, as stated in its charter, is to undertake the operation, maintenance, management, expansion and construction of seawater cooling systems, desalinated and treated water systems, sanitary and industrial wastewater systems and electric power systems to provide essential utility services to industrial, commercial and residential customers in the industrial cities of Jubail and Yanbu.
for more jobs please visit http://marafiq.bayt.com