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Neom sets deadline for water recycling plant prequalification

  • Neom sets deadline for water recycling plant prequalification
  • 13 June deadline announced for wastewater treatment project in Saudi Arabia's $500bn Neom Development.

About the entity

NEOM is an accelerator of human progress and a vision of what a New Future will look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory.

Neom, Saudi Arabia's ambitious $500 billion megaproject, has set a 13 June deadline for companies to submit their statements of qualifications (SOQs) to develop and operate a wastewater treatment and recycling plant, reports MEED.

Enowa, Neom's utility and energy subsidiary, initially issued the prequalification request on 21 March, setting a deadline of 2 May.

The planned facility, known officially as the Hidden Marina Wastewater Recycling Plant, is designed to treat up to 64,000 cubic metres of wastewater per day, with an expandable capacity of 80,000 cubic metres per day. The project's first phase, anticipated to cost approximately $347 million, includes a sludge treatment facility capable of handling 16,600 kilograms per day.

This water recycling plant is crucial for providing services to the Line, Neom’s flagship project featuring a pair of 170-kilometre-long parallel buildings. The plant will operate under a build-own-operate-transfer model, with a concession period lasting 25 years from the start of operations, projected to commence in the second quarter of 2027.

UK-headquartered HSBC and the US-based law firm White & Case are serving as the financial and legal advisers for the project. According to MEED Projects, a regional projects tracker, Neom currently has approximately $10.7 billion worth of utility projects under construction, with nearly $22 billion in the pre-execution phase. This figure does not include renewable energy projects, which are still in the early stages of development and awaiting site identification.

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