Saudi Arabia announces qualified bidders for Madinah 3 ISTP

Saudi Arabia’s Saudi Water Partnership Company (SWPC) announces the qualified bidders for the development of a new Independent Sewage Treatment Plant namely, Madinah 3 ISTP.

Madinah 3 ISTP will have a total ultimate treatment capacity of 375,000 m3/day. It will be located in the city of Madinah in western Saudi Arabia.

Earlier, During February 2020, a total of 62 Companies has submitted the EOI. Among the total, 23 Companies are from Saudi Arabia.

Upon evaluation of RFP submission, SWPC announced following companies/consortia are pre-qualified to bid for Madinah 3 ISTP

1. Acciona Agua and International Water Distribution Company (Tawzea)
2. FCC Aqualia, Alkhorayef Water & Power Technologies and Alfanar Company
3. GS Inima Environment and Al Jomaih Energy and Water Company
4. Marubeni Corporation
5. Metito Utilities Limited
6. Veolia Middle East

SWPC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Project, together with associated infrastructure and facilities.

Under a 25-year Sewage Treatment Agreement (STA) with SWPC, a project company is to be incorporated to develop the Project and will treat the entire sewage capacity supplied by SWPC.

SWPC’s obligations under the STA will be supported by a credit support agreement from the Government of Saudi Arabia.

For Madinah 3 ISTP, SWPC is being advised by:

• Sumitomo Mitsui Banking Corporation (DIFC Branch – Dubai) as Lead and Financial Adviser
• DLA Piper as Legal Adviser
• WS Atkins & Partners Overseas Engineering Consultants as Technical Adviser.

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