Saudi Arabia’s Saudi Water Partnership Company (SWPC) invited expression of interest (EOI) for the development of two (2) new ISTPs namely Riyadh East and Khamis Mushait ISTPs.
- Riyadh East ISTP will have a total ultimate treatment capacity of 100,000 m3/day and will be located in the city of Riyadh in Riyadh Province, Saudi Arabia.
- Khamis Mushait ISTP will have a total ultimate treatment capacity of 50,000 m3/day and will be located in the city of Khamis Mushait in Asir Province, in southwestern Saudi Arabia.
As per the notification, SWPC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Projects, together with associated infrastructure and facilities.
Under a 25-year Sewage Treatment Agreement (STA) with SWPC, the two (2) project companies to be incorporated to develop each Project will treat the entire sewage capacity supplied by SWPC.
SWPC’s obligations under the STA will be supported by a credit support agreement from the Government of Saudi Arabia.
SWPC is currently considering the option to bundle the Riyadh East ISTP and the Khamis Mushait ISTP (together the Bundled ISTPs).
In such case, the bidders will be required to bid for the Bundled ISTPs together under one RFP. The successful bidder will be awarded the Bundled ISTPs but each Project shall be implemented by a separate project company, which will be incorporated by the successful bidder following award of the Bundled ISTPs.
Interested bidders, should express their interest to participate in the tender process by no later than 05 December 2021.
SWPC is being advised by:
- KPMG Professional Services as as Financial and Lead Advisor
- White & Case LLP as Legal Advisor
- Future Water and Power Consulting as Technical Advisor.
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