Image credits : Pixabay | visual for illustration pirpose
1 minute read

Neom sets deadline for prequalification of water recycling plant

Neom, Saudi Arabia’s ambitious $500 billion megaproject, has set a June 13 deadline for companies to submit their Statements of Qualifications (SOQs) to develop and operate a wastewater treatment and recycling plant, MEED reports.

Enowa, Neom’s utilities and energy subsidiary, originally issued the request for prequalification on March 21, with a May 2 deadline.

The proposed plant, officially known as the Hidden Marina Wastewater Recycling Plant, is designed to treat up to 64,000 cubic meters of wastewater per day, with an expandable capacity of 80,000 cubic meters per day. The first phase of the project, which is expected to cost approximately $347 million, includes a sludge treatment facility with a capacity of 16,600 kilograms per day.

This water recycling facility is critical to providing services to the Line, Neom’s flagship project, which consists of a pair of 170-kilometer parallel structures. The plant will be operated under a build-own-operate-transfer model with a concession period of 25 years from the start of operations, which is expected to commence in the second quarter of 2027.

UK-based HSBC and US law firm White & Case are acting as financial and legal advisors to the project. According to MEED Projects, a regional project tracker, Neom currently has approximately $10.7 billion worth of utility projects under construction, with nearly $22 billion in the pre-execution phase. This figure does not include renewable energy

Legal Disclaimer:
SmartWaterMagazine
GLOBAL FLOW CONTROL provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above. "

Latest News

  • Mining and Metals
    1 minute read

    Serbia Set to Approve Rio Tinto…

    16 Jun. 2024 | Global Flow Control
  • Mining and Metals
    1 minute read

    South Korea Expands Critical Minerals Exploration…

    16 Jun. 2024 | Global Flow Control
  • LNG and Industrial Gases
    1 minute read

    Paraguay Proposes $1.5 Billion Gas Pipeline…

    16 Jun. 2024 | Global Flow Control
  • Power Generation
    0 minutes read

    Uzbekistan, Kyrgyzstan, and Kazakhstan Sign Agreement…

    16 Jun. 2024 | Global Flow Control