HSBC secures a slice of KAEC
- From: Vol 9, Issue 11 (November 2008)
- Category: General
- Region: Middle East
- Country: Saudi Arabia
- Related Companies: HSBC, National Water Company and Saline Water Conversion Corporation
The role of financial advisor on the utility infrastructure work for Saudi Arabia’s mega-city has gone to HSBC. BOO tenders are expected in 2009.
HSBC has been appointed as financial advisor on utility infrastructure work within King Abdullah Economic City, with a mandate that extends to all utility services, including desalination, wastewater treatment, solid waste and power, as well as the associated transmission and distribution networks.
The tender process for the BOT contract for the initial 70,000m3/d phase of SWRO capacity is ...
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