The Water Transmission (WTCO) has issued requests for qualification for the Ras Mohaisen-Baha-Makkah Independent Water Transmission System (IWTS) project, Trade Arabia reports.

Background: The IWTS project, which was re-tendered last month, involves boosting water transmission capacity to 515k cubic meters per day from 185k. It will be executed under a design, build, finance, lease, and transfer contract, with a lease term of up to 35 years. It was originally handled by the Saudi Water Partnership Company as an Independent Water Transmission Pipeline project; the procurement baton was later passed to WTCO.

Who wants in on the action: Global heavyweights, including Spain’s Acciona Agua, India’s Kalpataru Projects, Japan’s Sojitz Corporation, and regional players including Kuwaiti group Alghanim International, UAE’s Taqa, and Egypt’s Orascom, are among the contenders. Top Saudi developers such as Al Bawani Capital, and Al Yamamah Water projects are also in the mix.

ADVISORS- Synergy Consulting IFA is the lead and financial adviser on the transaction, while Clifford Chance is legal advisor, and ILF is the technical advisor.

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