Bidders Pre Qualified for 1392km Riyadh – Qassim Independent Water Transmission Pipeline

Saudi Water Partnership Company (SWPC) announces the Pre Qualified Bidders for 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.

Following is the list of the pre-qualified bidders:

1

Abdulaziz Alajlan Sons Co. for Commercial & Real Estate Investment – Ajlan & Bros

2

Abu Dhabi National Energy Company, PJSC (TAQA)

3

A. Hak Pijpleidingen Saudi Company Limited

4

Al Bawani Water & Power (AWP)

5

Al-Fahd Company Trading Industries & Contracting

6

Alkhorayef Water & Power Technologies

7

Al-Rawaf Contracting Company

8

Al Sharif Group for Cont. Dev. & Trad. (Holding) Limited Co

9

China Gezhouba Group Overseas Investment Co. Ltd

10

China Harbour Engineering Company Ltd (CHEC)

11

China Railway Construction Corporation (International) Limited

12

Cobra Instalaciones y Servicios, S.A.

13

Gulf Investment Corporation G.S.C. (“GIC”)

14

Lamar Holding W.L.L (Lamar)

15

Marubeni Corporation

16

Mowah Co. (CJSC)

17

Mutlaq Al-Ghowairi Co. for Contracting Limited (CJSC)

18

Nesma Company Ltd.

19

SICIM S.p.A.

20

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).

Related:

Riyadh – Qassim Independent Water Transmission Pipeline EOI received