Bidding field splits over Muharraq civil works
- From: Vol 10, Issue 12 (December 2009)
- Category: General
- Region: Middle East
- Country:
- Related Companies: Acciona Agua, Berlinwasser, Degrémont (Suez), HSBC, K-Water, Keppel Corp, Metito, Mitsui & Co., Mubadala Development Co, Samsung Engineering, Saudi Binladin Group, Saudi Oger, Sumitomo, Tanqia, United Utilities and Veolia
Bahrain’s pioneering effort to incorporate a large network component into its flagship wastewater BOT has proved too risky for some bidders.
The number of groups preparing to bid on Bahrain’s Muharraq wastewater treatment project has been whittled down to seven, following the release in November of a revised sewage treatment agreement (STA) by the ministry of works.
The revised STA failed to allay fears among some of the prospective bidders about the risk profile of the major civil works included ...
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