Thirteen prequalified companies have submitted proposals to state-owned Saline Water Conversion Corporation (SWCC) for the four advisory posts on its planned privatisation programme. Award of the advisory contracts, which cover strategic, technical, financial and legal work, are expected in the autumn (MEED 8:7:05).
The successful advisers will map out a privatisation strategy for SWCC, recommending what should be privatised and when. The studies are expected to take 12 months to complete and will be followed by a two-year implementation period. A total of 16 companies were prequalified to submit proposals when requests for proposals (RFPs) were released in April (MEED 22:5:05). The initiative is the second element in SWCC's privatisation programme. The first, being implemented with Saudi Electricity Company (SEC)through the Water & Electricity Company (WEC)venture, calls for private sector participation in independent water and power projects (IWPPs - MEED 22:4:05). SWCC accounts for 25 per cent of global desalination capacity, producing 3.4 million cubic metres a day of water through its 30 plants, equivalent to 60 per cent of the kingdom's requirements. www.meed.com/power&water