SWPC announces Pre-qualified Bidders for Al-Ahsa & Eastern Province ISWR

Saudi Water Partnership Company S.M.L.L.C (SWPC) announced the Pre Qualified Bidders for the potential development of the Project consisting of :

  1. Eastern Province independent strategic water reservoir, which will be constructed with an indicative water storage capacity of 3,510,000 m3;and
  2. Al-Ahsa independent strategic water reservoir which will be constructed with an indicative water storage capacity of 1,389,000 m3.

SWPC announces the prequalified bidders (Lead, Technical or Other Members) for The Eastern Province project & Al-Ahsa Independent Strategic Water Reservoir (ISWR) project as follow:  

S. No. Name of Applicant and Members
1 Abdulaziz Alajlan Sons Co. for Commercial & Real Estate Investment
2 Metscco Heavy Steel Industries Co. Ltd.
3 Al Rajhi Holding
4 Mowah Co.
5 Al Rawaf Contracting Company – One Person Company
6 Alfanar Company
7 Alkhorayef Water & Power Technologies
8 China Gezhouba Group Overseas Investment Co. Ltd.
9 Gulf Investment Corporation
10 Vision International Investment Company
11 Marubeni Corporation
12 Metito Utilities Limited
13 Mutlaq Al-Ghowairi Co. for Contracting Company
14 Nesma Company Ltd.
15 SALEH SAEED TEISHAN AND SONS CO. LTD.

The Project will include water reservoirs and all the associated infrastructure and facilities.

SWPC intends to conduct a competitive tender to select a private sector developer (or developer consortium) for the development, financing, procurement, implementation, operation, maintenance and transfer (BOOT) of the Project.

The successful bidder, through a project company to be incorporated, will provide the required storage capacity to SWPC under a 30-Year Water Storage Agreement (WSA).

SWPC’s obligations under the WSA will be supported by a credit support agreement from the government of the Kingdom of Saudi Arabia.

For this project, SWPC is being advised by :

  • Synergy Consulting IFA Inc. as Lead and Financial Adviser;
  • Amer Al Amr Law Firm as Legal Adviser; and
  • WSP Middle East Limited as Technical Adviser.