11 March 2013
The central unit for public private partnership (PPP) at the Egyptian ministry of finance will begin examining on March 18, 2013, the prequalification documents of companies bidding for the Abu Rawash wastewater treatment plant, a senior official told Zawya.
"A total of 64 prequalification requests have been withdrawn by local and international corporations, banks and consultants; while we anticipate the participation of between 10-12 alliances, out of the total requests eight or nine companies shall qualify to bid for the project," said Ater Hanoora, director of the central unit for public private partnership (PPP) at the Egyptian ministry of finance.
As for the reason causing delays in the bidding process, Hanoora explains that this was due to projects being issued by various ministries without having a comprehensive study or examination being conducted. "Therefore, additional time is required to conduct the appropriate studies relevant to the projects so as not to falter in the future," he said.
The project falls under the operations of the ministry of drinking water and wastewater utilities and shall be supervised by the central unit for public private partnership. The investment costs of the plant amounts to EGP 5.5 billion, and the plant is expected to treat 1.6 million cubic meters of wastewater. The duration of the operations is for a period of 17 years, in addition to the three years required for completion.
The financial project consultant is KPMG; technical consultant is Ch2MHill and legal advisor is Trowers & Hamlins.
© Zawya 2013
The central unit for public private partnership (PPP) at the Egyptian ministry of finance will begin examining on March 18, 2013, the prequalification documents of companies bidding for the Abu Rawash wastewater treatment plant, a senior official told Zawya.
"A total of 64 prequalification requests have been withdrawn by local and international corporations, banks and consultants; while we anticipate the participation of between 10-12 alliances, out of the total requests eight or nine companies shall qualify to bid for the project," said Ater Hanoora, director of the central unit for public private partnership (PPP) at the Egyptian ministry of finance.
As for the reason causing delays in the bidding process, Hanoora explains that this was due to projects being issued by various ministries without having a comprehensive study or examination being conducted. "Therefore, additional time is required to conduct the appropriate studies relevant to the projects so as not to falter in the future," he said.
The project falls under the operations of the ministry of drinking water and wastewater utilities and shall be supervised by the central unit for public private partnership. The investment costs of the plant amounts to EGP 5.5 billion, and the plant is expected to treat 1.6 million cubic meters of wastewater. The duration of the operations is for a period of 17 years, in addition to the three years required for completion.
The financial project consultant is KPMG; technical consultant is Ch2MHill and legal advisor is Trowers & Hamlins.
© Zawya 2013
