Bid & Tender

News

Saudi Arabia to Tender 10 new ISWRs Under PPP Model

Saudi Arabia has announced that it will tender 10 strategic water reservoir projects under the Public-Private Partnership (PPP) model to support the resilience of the kingdom’s water sector.

 

The new Independent Strategic Water Reservoir (ISWR) projects represent an aggregate water storage capacity of 36 million cubic metres (m3), details shared by the National Centre for Privatization & PPP (NCP).

 

The IWSRs, owned by the Ministry of Environment, Water & Agriculture, would be procured under 35-year Build-Own-Operate-Transfer (BOOT) contracts, and tendered over a seven-year period starting next year (2024). 

 

Saudi Arabia is also prepared up a pipeline of seven new Independent Water Plant (IWP) projects representing an aggregate desalination capacity of 2.8 million m3/day.

 

The NCP has approved 200 projects for privatization and co-development with the private sector under the public-private partnership (PPP) model in 17 sectors.

BACK

Related News