Saudi Arabia prequalifies 20 firms for Riyadh to Qassim IWTP project
The Saudi Water Partnership Company (SWPC) has prequalified 20 firms to participate in the tender for a planned independent water transmission pipeline from Riyadh to Qassim, the kingdom’s third independent water transmission pipeline (IWTP)
The Saudi Water Partnership Company (SWPC) has prequalified 20 firms to participate in the tender for a planned independent water transmission pipeline from Riyadh to Qassim, the kingdom’s third independent water transmission pipeline (IWTP).
The pipeline will have a total length of 1,392km and will have a water transmission capacity of up to 685,000 cubic metres a day (cm/d).
The prequalified firms are:
- Abdul Aziz al-Ajlan Sons Company
- Abu Dhabi National Energy Company (Taqa)
- A.Hak Pijpleidingen
- Al-Bawani Water & Power (AWP)
- Al-Fahd Company Trading Industries & Contracting
- Alkhorayef Water & Power Technologies
- Al-Rawaf Company for Trading & Contracting
- Al-Sharif Group
- China Gezhouba Group
- China Harbour Engineering Company (CHEC)
- China Railway Construction Corporation
- Cobra Instalaciones y Servicios
- Gulf Investment Corporation (GIC)
- Lamar Holding
- Marubeni Corporation
- Mowah Company
- Mutlaq Al-Ghowairi Company
- Nesma Company
- Vision International Investment Company
The successful developer or developer consortium will develop the project on a build, own, operate and transfer (BOOT) basis. The project company, formed by the developer, will provide the entire water transmission capacity to SWPC under a water transmission agreement (WTA). The WTA is expected to have a total length of 35 years.
SWPC’s obligations will be supported by a credit guarantee from the Ministry of Finance on behalf of the Saudi government.
Synergy Consulting has been appointed as financial adviser, with Amr Al Amr Law Firm and Fichtner appointed as legal and technical advisers respectively.
The project is part of the Saudi National Water Strategy 2030, under which a key goal is to provide 90 per cent of national urban supply by desalinated water to reduce reliance on non-renewable ground sources.
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