NWC stands firm over Riyadh financing
- From: Vol 9, Issue 12 (December 2008)
- Category: General
- Region: Middle East
- Country: Saint Helena, Saudi Arabia and United Arab Emirates
- Related Companies: National Water Company
The Saudi National Water Company has dismissed the possibility of converting the flagship Riyadh wastewater project into a DBO. It has still to release a request for expressions of interest.
The deadlock in the project finance market has led several companies to suggest to the Saudi National Water Company that the Riyadh wastewater project be restructured as a government-funded DBO contract. The scheme is currently foreseen as a mixture of 25-year BOT contracts and concessions lasting up to 2015.
However, Engineer Montazar Muhalhal, director of strategic planning & performance measures at ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
