Bidders Pre Qualified for 100km Rayis – Rabigh IWTP Project

Saudi Water Partnership Company (SWPC) announces the Pre Qualified Bidders for the development of Rayis – Rabigh Independent Water Transmission Pipeline (IWTP) project.

The project involves the construction of water transmission pipeline of capacity up to 900,000 cubic meters per day, and lengths of 100 km.

Following is the list of Pre-qualified bidders:

Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment – Ajlan & Bros 

Abu Dhabi National Energy Company, PJSC (TAQA) 

Al-Fahd Company Trading Industries & Contracting 

Alkhorayef Water & Power Technologies 

Al-Rawaf Contracting Company 

China Harbour Engineering Company Ltd (CHEC) 

Cobra Instalaciones y Servicios, S.A. 

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

Marubeni Corporation 

10 

Mowah Co. (CJSC) 

11 

Mutlaq Al-Ghowairi Company (MGC) 

12 

Nesma Company Ltd. 

13 

Utico FZC 

14 

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:

31 firms submits EOI for 100km Rayis – Rabigh IWTP Project