Saudi Arabia invites prequalification for major water reservoir PPP project
The Saudi Water Partnership Company (SWPC) has invited firms to submit request for qualification (RFQ) for the planned Eastern Province & Al-Ahsa independent strategic water reservoir (ISWR) project
The Saudi Water Partnership Company (SWPC) has invited firms to submit request for qualification (RFQ) for the planned Eastern Province & Al-Ahsa independent strategic water reservoir (ISWR) project.
Energy & Utilities reported in December that SWPC had received expressions of interest (EOI) for the project, which is part of the kingdom’s strategy to increase water storage to 7 days of demand by 2030. The project will be developed under a build, own, operate and transfer (BOOT) model.
The project will involve the development of:
- Eastern Province ISWR – capacity of 3,510,000 cubic metres
- Al-Ahsa ISWR – capacity of 1,389,000 cubic metres
The project will involve the development of both water reservoirs and associated infrastructure and facilities.
The 21 firms which submitted EOI have been invited to submit RFQ by 10 February.
The companies which submitted EOI are:
- AAW & Partners
- Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment – Ajlan & Bros
- Alfanar
- Alghanim International General Trading and Contracting
- Alkhorayef Water and Power Technologies Company
- Al Rajhi Holding Group
- ARKOIL Technologies Nederland
- Carpi Tech
- China Harbour Engineering Company
- Civil Works Company
- Contrax International
- Gulf Investment Corporation (GIC)
- Marubeni Corporation
- Metito Utilities
- Mowah
- Mutlaq Al-Ghowairi Company (MGC)
- Nesma
- Orascom Construction (OC)
- TECTON Engineering & Construction Saudi Contracting Company
- Thabat Construction Company
- Vision International Investment Company
The successful bidder will form a project company which will operate under a 30-year water storage agreement (WSA). SWPC’s obligations will be supported by a credit agreement from the Saudi government.
Developers have until 6 January to submit EOI for the Al-Ahsa and Eastern Province ISWR project.
SWPC has appointed Synergy Consulting as lead and financial adviser, Amer Al-Amr Law firm as legal adviser and WSP Middle East as technical adviser.
The same advisory team is supporting SWPC with the tendering process for the planned Juranah ISWR project, which will have a water storage capacity of 2,500,000 cubic metres.
Energy & Utilities reported in November that SWPC had invited the 34 companies which submitted EOI for the Juranah project to submit request for qualification (RFQ) documents.
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