The National Water Company (NWC) of the Kingdom of Saudi Arabia announces the publication of an Expression of Interest, targeting the water companies from around the world interested in participating in the second phase of the LTOM program “Long Term Operation and Maintenance Contracts for Wastewater Treatment plants”, including Capex investments for rehabilitation. This privatization initiative is one of the pillars of the Vision 2030 for the water sector aiming at reforming and modernizing the water distribution in the Kingdom.
The first phase of the LTOM Contract program included 24 existing sewage treatment plants that were bundled in 8 packages with a total treatment capacity of 4.1 million cubic meters per day.
NWC intends to initiate the second phase of its LTOM Contracts program, which may be divided into 10 LTOM Contract packages encompassing 116 existing sewage treatment plants with a total treatment capacity of about 2.47 million cubic meters per day.
The aim of the Expression of Interest is open even more the bids to a more diversified spectrum of water leaders now that the first step has been positively concluded confirming the market interest.
The second phase of the LTOM Contract program may include the following LTOM Contracts packages:
Following this EOI process, NWC intends to invite interested and qualified Companies to participate in prequalification proceeding.
NWC is advised by a consortium of EGIS and COGITE as technical and lead adviser, Synergy as financial adviser, and Addleshaw Goddard as legal adviser.
Responses to the EOI have to be sent before 06 June 2024.
