Saudi Water Partnership Company (SWPC) received Expressions of Interest (EOI) for the development of Jubail – Buraydah Independent Water Transmission Pipeline (IWTP) project.
The project involves the construction of water transmission pipeline of capacity up to 650,000 cubic meters per day, and lengths of 603km.
A total of 32 companies including 14 Saudi companies expressed their interest in the Project as follows:
- Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment – Ajlan & Bros
- Abdullah Ibrahim Al Sayegh & Sons Co.
- Abengoa Agua S.A.
- Abu Dhabi National Energy Company PJSC (TAQA)
- Acciona Agua S.A.
- Al Bawani Water & Power (AWP)
- Alghanim International General Trading & Contracting Co. W.L.L
- AliShar Cntracting Company Ltd.
- Alkhorayef Water & Power Technologies
- Al Sharif Group Holding ; SICIM S. p. A.
- Arabian Bemco Contracting Co.
- China Gezhouba Group Co. Ltd
- China Harbour Engineering Co. Ltd
- China Petroleum Pipeline Engineering Co. Ltd.
- China Railway Construction Corporation (International) Limited
- China State Construction Engineering Corporation
- Civil Works Company Ltd.
- Gulf Investment Corporation G.S.C.
- Hassan Allam Holding S.A.E.
- Hoffmann Technics AG
- Kindasa Water Services Company
- Lamar Holding W.L.L
- Marubeni Corporation
- Mowah Co. (CJSC)
- Mutlaq Al-Ghowairi Company
- Nesma Co. Ltd.
- Orascom Construction
- Powerchina International Group Limited
- Samsung C&T Corporation
- Tamasuk Holding Company
- 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).
