Bidders Pre Qualified for 603km Jubail – Buraydah Independent Water Transmission Pipeline

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

Following is the list of Pre-qualified bidders:

1

 

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

2

Abdullah Ibrahim Al Sayegh & Sons Co.

3

Abu Dhabi National Energy Company, PJSC (TAQA)

4

AliShar Contracting Company Ltd.

5

Alkhorayef Water & Power Technologies

6

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

7

Bin Omairah Contracting Company Ltd

8

China Gezhouba Group Overseas Investment Company Co. Ltd (CGGCOIC)

9

China Harbour Engineering Company Ltd (CHEC)

10

China Railway Construction Corporation (International) Limited

11

China State Construction Engineering Corporation Limited

12

CNIC Corporation Limited

13

Cobra Instalaciones y Servicios, S.A.

14

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

15

Lamar Holding W.L.L

16

Marubeni Corporation

17

Mowah Co. (CJSC)

18

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

19

Nesma Company Ltd.

20

Norinco International Cooperation Ltd.

21

SICIM S.p.A.

22

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).