A total of 10 Chinese companies submitted expressions of interest for Madinah 3 Independent Sewage Treatment Plant (Madinah 3 ISTP) project, the Saudi Water Partnership Company (SWPC) announced on Thursday.
EOIs were submitted by China Communications Construction Co; China Everbright Water; China Geo-Engineering Corporation International; China Gezhouba Group Co; China Harbor Engineering Arabia Company and China Communications Construction Company; China Nonferrous Metal Industry's Engineering and Construction Co; China State Construction Engineering Corporation; SafBon Water Service; Jinluo Water and SIIC Environment, according to a press statement posted by SWPC on its website.
The statement said a total of 62 companies, including 23 Saudi companies, responded to the EOI invite for Madinah 3 ISTP.
The ISPTP, located in the city of Madinah in western Saudi Arabia, will have a total treatment capacity of 375,000 m3/day, the EOI notice on SWPC's website said.
The notice said the selected developer or developer consortium will be responsible for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the plant.
Under a 25-year Sewage Treatment Agreement (STA) with SWPC, a project company is to be incorporated to develop the project and will treat the entire sewage capacity supplied by SWPC, the notice said, adding that SWPC's obligations under the STA will be backed by a credit support agreement from the Saudi government.
SWPC is being advised by Sumitomo Mitsui Banking Corporation as Lead and Financial Adviser; DLA Piper as Legal Adviser; and WS Atkins & Partners Overseas Engineering Consultants as Technical Adviser.
(Writing by Syed Ameen Kader; Editing by Anoop Menon)
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