📋 Tender Overview
Scope of Work:
Development of Juranah independent strategic water reservoir in the Makkah region.
Description:
The Project is to be constructed with an indicative water storage capacity of 2,500,000 m3 and will include the water reservoir and all associated infrastructure and facilities. SWPC intends to conduct a competitive tender process to select a private sector developer (which may be a developer consortium) for the development, financing, procurement, implementation, operation, maintenance and transfer (BOOT ) of the Project. The successful bidder, through a project company to be incorporated, will provide the required storage capacity to SWPC under a 30-Year Water Storage Agreement (WSA). SWPC’s obligations under the WSA will be supported by a credit support agreement from the government of the Kingdom of Saudi Arabia. In accordance with Saudi Vision 2030 and the National Water Strategy 2030, the Kingdom aim to improve the water sector’s resilience to respond to emergencies and disruptions as well as to provide peak load management of Hajj water demand. Among the main objectives of this strategy are to increase water storage to 7 days of water demand by 2030 and to enhance the storage capabilities to manage peak water demand during the Hajj season.
The Kingdom seeks to achieve these goals through the Independent Strategic Water Storage Program ( ISWR ), by developing a set of strategic storage projects in the Kingdom’s regions. SWPC is being advised by Synergy Consulting IFA Inc. as Lead and Financial Adviser, Amer Al Amr Law Firm as Legal Adviser and WSP Middle East Limited as Technical Adviser. Construction of the first reservoir is due to begin in 2023. The Project Commercial Operation Date (PCOD) is in first quarter of 2027.
Prequalified bidders: 1) Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment (Ajlan & Bros) 2) Metscco Heavy Steel Industries Co. Ltd (Metscco) 3) Al Yamama Company (Al Yamama)
4) Alfanar Co. (Alfanar) 5) Almutlaq Industrial Investment Company (AMGII) 6) Al Rajhi Holding Group (RHG) 7) China Gezhouba Group Overseas Investment Company (CGGCOIC) 8) China Harbour Engineering Company Ltd. (CHEC) 9) Mowah Co. 10) Alkhorayef Water & Power Technologies 11) Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) 12) Marubeni Corporation 13) Metito Utilities Ltd. (MUL) 14) Mutlaq Al-Ghowairi Company (MGC) 15) Nesma Co. Ltd.
16) Gulf Investment Corporation (GIC) 17) Vision International Investment Company (Vision Invest)
Previous Events:
July 2023 - SWPC received Bids for Juranah ISWR Project. Following Bidders has submitted the Proposals: Abdul Aziz Al Ajlan Sons Co. for Commercial & Real Estate Investment and Orascom Construction, Nesma Company, Al Jomaih Energy & Water Company and Buhur for Investment Company, Vision International Investment Company and Gulf Investment Corporation G.S.C and TAQA.
December 2022- Request for Proposals has been issued to the qualified bidders
May 2
