Saudi Water Partnership Company (SWPC) invited expression of interest (EOI) for the development of a new independent sewage treatment plant (ISTP) in Madinah, it said in a statement on Tuesday.
The Madinah 3 ISTP will have a total treatment capacity of 375,000 cubic meters (cu m) per day, the statement added.
SWPC will conduct a competitive process to select a developer or a consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the project, together with associated infrastructure and facilities.
Under a 25-year sewage treatment agreement (STA) with SWPC, a company is to be incorporated to develop the project and 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 Saudi government.
The company urged interested parties to express their interest to participate in the tender process by Feb. 4, 2020.
Be the first to comment
Comments Analysis: