Saudi's SWPC seeks expression of interest for Madinah 3 ISTP

Saudi's SWPC seeks expression of interest for Madinah 3 ISTP
The ISTP will have a total treatment capacity of 375,000 cubic metres per day. [representational image]
Published: 20 January 2020 - 9:15 a.m.

Saudi Water Partnership Company (SWPC), which is fully owned by the kingdom’s Ministry of Finance, has invited expression of interest (EOI) for the development of Madinah 3 Independent Sewage Treatment Plant (ISTP) in Madinah, western part of Saudi Arabia.

The scheme has been introduced in line with the kingdom’s Vision 2030 that recognises the importance of providing sewage treatment services to its residents.

SWPC said that though the utilities project it aims to commission a further round of new ISTPs in the kingdom.

Upon completion, Madinah 3 ISTP will have a total treatment capacity of 375,000 cubic metres per day.

In order to start the project, SWPC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, and construction (EPC) of the project. Additionally the consortium will also be responsible for implementation, ownership, operation and maintenance (O&M), and transfer of the project. It will also provide associated infrastructure and facilities.

A company will be incorporated to develop the project under a 25-year Sewage Treatment Agreement (STA) with SWPC. It will also treat the entire sewage capacity supplied by SWPC.

According the announcement made by SWPC, interested parties should express their interest to participate in the tender process by 04 February 2020.

Sumitomo Mitsui Banking Corporation’s DIFC Branch in Dubai is the lead and financial advisor for the project, while DLA Piper is the legal advisor and WS Atkins & Partners Overseas Engineering Consultants is acting as the technical advisor.

Click here to add your comment

Please add your comment below
Name
Country
Email
Your email address will not be published
Captcha