SHUQAIQ 3 – DESALINATION PLANT
The Shuqaiq 3 desalination plant, located on the coast of the Red Sea, in Saudi Arabia, will be one of the largest reverse osmosis desalination plants in the world, with a production capacity of 450,000 cubic meters per day. The project, which is currently under construction, will guarantee the supply of drinking water to more than 1.8 million citizens, while also contributing to the country’s economic and industrial development. The plant’s importance is such that in September 2019 it received the “Utilities Project of the Year” award at the Middle East Energy Awards 2019 held in Dubai, UAE, making it one of the flagship new infrastructure projects in the region.
The project is being developed under a 25-year BOO (Build-Own-Operate) contract model and is scheduled for completion in the fourth quarter of 2021.
Saudi Water Partnership Co., (formerly Water and Electricity Company (WEC))
PARTICIPATION OF AWS IN THE SPV
TYPE OF PROJECT
25-year contract under IWP scheme (BOT)
US$ 610 million
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