News dalla rete ITA

4 Ottobre 2021

Arabia Saudita

SAUDI ARABIA SEEKS FIRMS FOR INDEPENDENT WATER PIPELINE

Firms have until 21 November to express interest in the contract to develop Saudi Arabia’s fourth independent water transmission project (IWTP). To be developed using a 35-year build, own, operate and transfer (BOOT) contract, the Jubail-Buraydah IWTP will have a length of 603 kilometres. Saudi Water Partnership Company (SWPC) issued the expression of interest (EoI) request on 3 October. The prequalification process is under way for three other IWTP schemes, the first projects of this type in the region. In June, SWPC issued the request for qualifications for the contract to develop the 300km water transmission scheme linking Ras Mohaisen, Al-Baha and Mecca. The kingdom’s first IWTP will have the capacity to transmit up to 400,000 cubic metres of water a day (cm/d). Utilities developers, investors and contractors have expressed interest in the contract to develop the kingdom’s second IWTP, a 100km pipeline running from Rayis in Medina to Rabigh in Mecca. The Rayis-Rabigh IWTP project will have a transmission capacity of 900,000 cm/d. The 100km scheme was initially part of a longer planned project that extends from Yanbu. However, the 39km segment of the initial project, which runs from Yanbu to Rayis, has been integrated into the $826m Yanbu 4 independent water producer (IWP) project, which was awarded last year to a team led by France’s Engie. Firms have until 31 October to respond to the EoI request for the contract to develop the 1,392km scheme linking Riyadh and Qassim, the kingdom’s third and, to date, its longest IWTP. The planned pipeline will have a transmission capacity of up to 685,000 cm/d. All the IWTPs will be developed under a 35-year BOOT contract. SWPC’s obligations under the WTA will be guaranteed by a credit support agreement entered into by the Finance Ministry on behalf of the Saudi government. National Water Strategy The projects are in line with the kingdom’s National Water Strategy 2030, which aims to reduce the water demand-supply gap and ensure desalinated water accounts for 90 per cent of national urban supply to reduce reliance on non-renewable ground sources. SWPC’s Seven-Year Planning Statement until 2026 entails the development of four other IWTP projects. The transaction advisory team for the first four IWTP projects comprises India’s Synergy Consulting as financial adviser and the local Amer al-Amr and Germany’s Fichtner Consulting as legal and technical advisers, respectively. (ICE RIYADH)


Fonte notizia: Meed