WTTCO conducts Ras Mohaisen pipeline study

20 May 2024

 

State-backed Water Transmission & Technologies Company (WTTCO) is undertaking a feasibility study for the preferred procurement model and project structure for the contract to build or develop Saudi Arabia's water transmission pipeline project linking Ras Mohaisen, Al Baha and Mecca.

The responsibility to procure the project has been transferred from Saudi Water Partnership Company (SWPC), which planned to implement the project on a build, own, operate and transfer (BOOT) basis, to WTTCO.

The final procurement model for the scheme will be decided once the feasibility project is completed, according to a source close to the project.

The 300-kilometre water transmission scheme linking Ras Mohaisen, Al Baha and Mecca will have the capacity to transmit up to 400,000 cubic metres a day (cm/d) of water.

In February 2022, SWPC prequalified the following 13 companies for the contract to develop the project:

  • Abdul Aziz Al Ajlan Sons Company for Commercial & Real Estate Investment (local)
  • Abu Dhabi National Energy Company (Taqa, UAE)
  • Al Bawani Water & Power (local)
  • Al Yamama Company (local)
  • China Gezhouba Group Overseas Investment Company (China)
  • China Harbour Engineering Company
  • Cobra Instalaciones y Servicios (Spain)
  • Gulf Investment Corporation (Kuwait)
  • Marubeni Corporation (Japan)
  • Mutlaq Al Ghowairi Company (local)
  • Mowah Company (local)
  • Utico (UAE)
  • Vision International Invest Company (local)

The project aligns with the kingdom's National Water Strategy 2030, which aims to reduce the water demand-supply gap and have desalinated water account for 90% of the national urban supply to reduce reliance on non-renewable ground sources.

The transaction advisory team for the first four independent water transmission pipeline projects in Saudi Arabia, which previously included the Ras Mohaisen project, comprised India's Synergy Consulting as financial adviser and the local Amer Al Amr and Germany's Fichtner Consulting as legal and technical advisers, respectively.


MEED's April 2024 special report on Saudi Arabia includes:

> GVT & ECONOMY: Saudi Arabia seeks diversification amid regional tensions
> BANKING: Saudi lenders gear up for corporate growth
> UPSTREAM: Aramco spending drawdown to jolt oil projects
> DOWNSTREAM: Master Gas System spending stimulates Saudi downstream sector

> POWER: Riyadh to sustain power spending
> WATER: Growth inevitable for the Saudi water sector
> CONSTRUCTION: Saudi gigaprojects propel construction sector
> TRANSPORT: Saudi Arabia’s transport sector offers prospects

 

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Jennifer Aguinaldo
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