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Saudi Water Partnership Company (SWPC) announced the signing of agreements for the Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project with the consortium comprising Aljomaih Energy & Water Company and Nesma Company Ltd. and Buhur for Investment Company. This project is a significant boost to the water infrastructure in the Al-Qassim and the Eastern provinces that will cater to the drinking water needs in both regions. The pipeline will have a transmission capacity of 650,000 m3/day and a length of 587 km, at a total project cost of SAR 8.5 billion (US$ 2.2 billion). The project will have the ability to reverse flow from Al-Shamasiyah, passing through Al-Qulayib, to Al-Jubail with the full project capacity, in line with the plans of the Ministry of Environment, Water, and Agriculture for the drinking water regional connection throughout the Kingdom, ensuring high levels of continuous and sustainable supply of drinking water in both regions. The project also includes 6 strategic storage tanks at Al-Shamasiyah and 3 strategic storage tanks at Al-Jubail with a total storage capacity of 1,634,500 cubic meters, ensuring a reliable and efficient water supply in the two regions. The project was presented to the investors on a BOOT (Build, Own, Operate, and Transfer) model, with the competition of 32 companies, including 14 local companies, and following the competitive process, the consortium of Aljomaih Energy & Water Company and Nesma Company Ltd. and Buhur for Investment Company was awarded. The project’s commercial operation is expected to commence in Q2 2029. The concession term is for 35 years from the commercial operation. |
