Saudi Water Partnership Company (SWPC) has prequalified 17 firms from a total of 34 companies that had submitted expressions of interest (EOI) for the Juranah independent strategic water reservoirs (ISWR) project, reports Arab News.
According to a company’s statement, the 17 prequalified bidders are:
- Abdul Aziz Al-Ajlan Sons Co. for Commercial & Real Estate Investment (Ajlan & Bros)
- Metscco Heavy Steel Industries Co. Ltd (Metscco)
- Al-Yamama Company (Al Yamama)
- Alfanar Company
- Almutlaq Industrial Investment Company (AMGII)
- Al Rajhi Holding Group (RHG)
- China Gezhouba Group Overseas Investment Company (CGGCOIC)
- China Harbour Engineering Company Ltd. (CHEC)
- Mowah Company
- Alkhorayef Water & Power Technologies
- Power and Water Utility Company for Jubail and Yanbu (MARAFIQ)
- Marubeni Corporation
- Metito Utilities
- Mutlaq Al-Ghowairi Company (MGC)
- Nesma
- Gulf Investment Corporation (GIC)
- Vision International Investment Company (Vision Invest)
According to Arab News, SWPC is expected to issue the request for proposal to the prequalified bidders by mid-year.
The Juranah ISWR project will be built using a build, own, operate and transfer model and will have a capacity of 2.5 million cubic meters. The project, as well as providing the water reservoir, will include all the associated infrastructure and facilities.
The project is part of Saudi Arabia’s goal to increase municipal water storage capacity to an average of three days in 2022 and seven days by 2030.
Synergy Consulting was appointed lead and financial adviser, Amer Al-Amr Law firm as legal adviser and WSP Middle East as technical adviser.
