Sulaibiya achieves financial close
- From: Vol 3, Issue 8 (August 2002)
- Category: General
- Region: Middle East
- Country: Kuwait
- Related Companies: ABN Amro, Al-Kharafi & Sons, Allen & Overy, Camp Dresser & McKee, ILF Consulting Engineers, Ionics, KEO International Consultants, Shearman & Sterling, United Utilities and Veolia Environnement (formerly Vivendi Environnement)
Utilities Development Company (UDC) has closed the project financing for the Sulaibiya wastewater treatment and reclamation plant in Kuwait. The plant will produce effluent of sufficient quality for non-potable use and will have an initial design capacity of 375,000m<sup>3</sup>/d.
The Sulaibiya plant, which will replace the existing Ardiya WwTP and eventually end the diversion of tertiary treated wastewater into the Gulf, is the first wastewater BOT in the region and the first BOT project in the utilities/infrastructure sector in Kuwait. The 30-year concession covers 30 months of design and construction followed by 27.5 years of operation and ...
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