Miahona, in consortium with Thabat Construction Company, has been awarded by National Water Company (NWC) the Long-Term Operation & Maintenance (LTOM) contract for the Sewage Treatment Plants in Makkah region, through a Public Private Partnership brown-field concession, entailing Rehabilitate-Operate-Transfer (ROT) activities for a period of 10 years, with a total value of 392 million Saudi riyals. In presence of H.E. Eng. Abdulrahman A. Al Fadley, the minister Environment, Water, and Agriculture.
The project scope includes rehabilitation works and O&M services for two sewage treatment plants, Hadda and Arana, with a total wastewater treatment capacity of 500,000 m3/day. Such plants are the Kingdom’s biggest and most strategic treatment plants as they serve the holy city of Makkah and secure safe operation during the Ramadan and Hajj periods.
The Levelized tariff of this LTOM contract is 0.21 SAR/m3 (around 0.057 USD/m3), which represents the lowest tariff for such projects.
Over the last years, Miahona has proven to be a prominent concessionaire and operator of municipal and industrial wastewater treatment plants in the Kingdom, placing Miahona as leading developer in the water and wastewater space.
Miahona is honored to be awarded such an iconic project by NWC, which aims at securing, under an innovative PPP scheme, state-of-the-art rehabilitation works and operational excellency for the wastewater treatment plants to the Makkah region over the next 10 years.
This achievement further consolidates Miahona’s leading position in KSA water and wastewater industry and paves the way for continuous and solid growth of the company across the strategic value chains. Miahona considers the NWC’s LTOM program as a significant driver of Miahona key expansions, with the view of increasing the brown-field portfolio through additional LTOM contracts. Miahona is fully committed to achieving the KSA Vision 2030 objectives in the water sector, and thanks NWC for selecting the Consortium for the implementation of the Makkah LTOM project.