ACWA Power`s Collaboration with China`s Belt and Road Initiative: Global Growth or Strategic Dependence?

ACWA Power`s Collaboration with China`s Belt and Road Initiative: Global Growth or Strategic Dependence?
Case Code: BSTR699
Case Length: 14 Pages
Period: 2010-2024
Pub Date: 2025
Teaching Note: Available
Price: Rs.400
Organization : ACWA Power
Industry : Energy
Countries : Saudi Arabia
Themes: Corporate Strategy, Growth Strategy International Business,Strategic Alliances
ACWA Power`s Collaboration with China`s Belt and Road Initiative: Global Growth or Strategic Dependence?
Abstract Case Intro 1 Case Intro 2 Excerpts

ACWA Power: An Overview

The inception of ACWA Power dated back to 2002, when the Saudi Arabian government’s 2002 decision under ‘Resolution No. 5/23’ of the Supreme Economic Council dated June 3, 2002, allowed private sector companies to gradually enter the electricity and water desalination production sectors with the goal of owning and operating the country’s power and desalinated water producing facilities. In 2004 ‘Abdullah Abunayyan Trading Company’ , Abdulkadir al-Muhaidib and Sons Co., and the ‘MADA Group’ (later renamed al-Rajhi Holding Group) established the Arabian Company..

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