Meed | Riyadh to appoint water PPP advisers

Riyadh to appoint water PPP advisers

24 June 2024

State-backed offtaker Saudi Water Partnership Company (SWPC) has received bids from consultancy companies for contracts to provide advisory services for its next batch of independent water projects (IWPs) and independent sewage treatment plant (ISTP) projects.

SWPC has yet to announce the bid results although it is expected to appoint advisers shortly, according to an industry source.

SWPC announced in May the start of the prequalification process for companies keen to participate in developing five desalination IWPs and seven ISTP projects in the kingdom.

SWPC invited developers and companies to express an interest in bidding for the projects by 4 July.

The client said companies should submit separate expressions of interest for the IWPs and ISTP projects.

The programme "will provide local and International developers the opportunity to obtain prequalification approval and receive the request for proposal documents for its future projects ... without the need to submit a separate qualification application for each project".

The five IWPs have a total combined capacity of 1.7 million cubic metres a day (cmd). The seven ISTP projects have a total combined capacity of 700,000 cm/d.

The tenders for these projects are expected to launch between 2024 and 2026.

The kingdom's water sector has been undergoing a restructuring programme, with the capacity procurement process linked to the National Water Strategy being undertaken by three other clients: the Saline Water Conversion Company, which has been renamed Saudi Water Authority; the Water Transmission & Technologies Company and the National Water Company.

Related read: Saudi water projects boom amid uncertainty

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Jennifer Aguinaldo