Saudi Water Partnership Company (SWPC) received Expressions of Interest (EOI) for the development of Riyadh – Qassim Independent Water Transmission Pipeline (IWTP) project.
The project involves the construction of water transmission pipeline of capacity up to 685,000 cubic meters per day, and lengths of 1,392km.
A total of 31 companies including 19 Saudi companies expressed their interest in the Project as follows:
- Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment – Ajlan & Bros
- Abengoa Agua S.A.
- Abu Dhabi National Energy Company PJSC (TAQA)
- Acciona Agua S.A.
- Al Fahd Company Trading Industries & Contracting ; Alghanim International General Trading & Contracting Co. W.L.L
- Al Bawani Water & Power (AWP)
- Alkhorayef Water and Power Technologies Company
- Al-Rawaf Contracting Company
- Al Sharif Group Holding’s ; SICIM SPA
- ARABIAN BEMCO CONTRACTING CO.
- A. Hak Pijpleidingen Saudi Company Limited
- China Gezhouba Gruop Co. Ltd (CGGC)
- China Harbour Engineering Co. Ltd (CHEC)
- Branch of China Petroleum Pipeline Engineering Co. Ltd.
- China Railway Construction Corporation (International) Limited
- Civil Works Company Ltd.
- El-Seif for Commercial Investments Limited (ESI) ; Al Qahtani Group of Companies ; El Seif Engineering Contracting ; El Seif Operations & Maintenance
- Gulf Investment Corporation
- Hassan Allam Holding S.A.E
- Kindasa Water Services Company (KWS)
- Lamar Holding W.L.L
- Marubeni Corporation
- Mowah Co. (CJSC)
- Mutlaq Al-Ghowairi Company (MGC)
- Nesma Co. Ltd.
- Orascom Construction (OC)
- PASSAVANT Energy & Environment GmbH
- Petroleum vision company ; Saad Ali Al Essa group for trading and contracting
- Powerchina International Group Limited
- TECTON Engineering & Construction Saudi Contracting Company
- Vision International Investment Company
As per the notification, SWPC will conduct a competitive process to select a developer or developer consortium to develop the Project on a Build, Own, Operate and Transfer (BOOT) basis.
The project company developing the Project will provide the entire transmission capacity to SWPC under a Water Transmission Agreement (WTA).
The term of the WTA is expected to be up to 35 years.
SWPC’s obligations under the WTA will be supported by a credit support agreement entered into by the Ministry of Finance on behalf of the Government of the Kingdom of Saudi Arabia.
SWPC advised by Synergy Consulting IFA Inc. (as Lead and Financial Adviser), Amer Al Amr Law Firm (as Legal Adviser) and Fichtner GmbH & Co. KG (as Technical Adviser).
