Saudi Arabian Amiantit Co. and Saudi Industrial Services Co. (SISCO) have announced that the best-bidder consortium has been awarded for the Madinah, Buraydah and Tabuk Independent Sewage Plant projects by Saudi Water Partnership Co. (SWPC).
Amiantit’s 50%-owned subsidiary, International Water Distribution Co. (TAWZEA), with a 35% share, Spanish firm Acciona (35%), and Tamasuk (30%), make up the winning consortium.
The consortium will fund, develop, design, build, operate, and maintain the plants after the project is officially awarded and then transfer ownership on a build-operate-transfer (BOT) basis. This is in addition to the infrastructure and ancillary facilities that will be built as part of the 25-year contract.
The consortium will fund, develop, design, build, operate, and maintain the plants after the project is officially awarded
The entity established for the Madinah Independent Sewage Plant project will treat the total capacity of the wastewater supplied to the company, with a capacity of up to 200,000 cubic meters per day. For the Tabuk and Buraydah projects, it will treat the total wastewater with a capacity of up to 150,000 cubic meters per day for Buraydah and 90,000 cubic meters per day for Tabuk.
Once the contract is awarded, SISCO will announce any project updates and the financial impact on its financials.
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