Home Water saudi arabia waiting for financial closing to start Jeddah Sewage Treatment Plant

saudi arabia waiting for financial closing to start Jeddah Sewage Treatment Plant

RIYADH — Minister of Environment, Water, and Agriculture Eng. Abdulrahman Al-Fadhli signed a contract to build the Jeddah 2 Independent Sewage Treatment Plant.

The project, which has a design capacity of 500,000 cubic meters per day, will serve the Jeddah city to get its increasing need.

A consortium, consisting of the Power and Water Utility Company for Jubail and Yanbu (Marafiq), Amwal Al Khaleej Co., and Veolia Middle East, has awarded the project from among a number of bidders to implement the project on build, own, operate and transfer (BOOT) basis.

A total of 16 bids were presented by nine local and seven international companies.

Al-Fadhli, who chairs the Board of Directors of Water and Electricity Company and the Supervisory Committee for the Privatization of the Environment, Water and Agriculture Sector, said that the signing of the contract comes within the framework of a number of water production and sewage treatment projects being offered to investors in different regions of the Kingdom. This is in congruence with the Kingdom’s Vision 2030 and the decision of the Council of Ministers to offer such projects to investors to ensure the participation of the private segment in economic development.

Muhammad Al-Tuwaijri, chairman of the Board of Directors of the National Center for Privatization, said the project will be financed 100% percent through local banks.

Khalid Al-Quraishi, CEO of the Water and Electricity Company, said the project is required to start operation at the end of December 2021.

He said the project uses Nereda technology, which is a sustainable and cost-effective wastewater treatment technology that refines water using the unique features of aerobic granular biomass.


Please enter your comment!
Please enter your name here

Most Popular

Hill International secured $318 million Egyptian hospital revamp project

Hill International has secured a contract to provide construction management services for the $318m Kasr Al-Ainy Hospitals refurbishment project for Cairo University...

Actis eyeing $4.5bn fund for Mena renewable energy projects

Actis, an emerging markets investment firm based in London, UK, is eyeing finance worth $4 billion for launching its new international fund...

Abu Dhabi waste energy projects

The Abu Dhabi National Energy Company (Taqa), Emirates Water and Electricity Company (Ewec), and the Abu Dhabi Waste Management Centre (Tadweer) have...

SWPC invites to submit EOI for the Ras Mohaisen IWP

Saudi Arabian Company SWPC has invited developers to submit expressions of interest (EOI) for the planned Ras Mohaisen independent water project (IWP).