Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Amman, June 11 (Petra) — The Ministry of Water and Irrigation said
Thursday that the Meridiam-Suez consortium is the sole consortium to
have submitted a final bid for the National Water Carrier Project
after meeting all technical, financial and qualification
requirements.
Responding to reports circulated by some media outlets regarding the
project, the ministry said five international consortia had been
shortlisted for the final stage of the tender process to submit
technical and financial offers. However, four of the shortlisted
consortia either withdrew from the competition or did not submit
final bids.
In a statement, the ministry said the Meridiam-Suez consortium
submitted its official and comprehensive proposal after fulfilling
all prequalification requirements and complying with the project’s
technical and financial standards.
The ministry noted that the consortium includes several leading
international companies specializing in investment, infrastructure
and water services, giving it strong access to international
financing institutions and the capacity to secure funding under the
Build-Operate-Transfer (BOT) model on favorable terms.
It said Meridiam is a global infrastructure investment company
managing assets exceeding $23 billion worldwide, while Suez is among
the world’s leading companies in the water and sanitation sector.
The consortium also includes VINCI, a major international engineering
company; Orascom, one of the region’s largest infrastructure and
construction firms; Arab Contractors, a leading contracting company
in the Middle East; and Greece-based Archirodon, one of the world’s
prominent engineering, procurement and construction (EPC)
contractors.
The ministry said the participation of these companies reflects the
consortium’s strong technical expertise and financial capabilities.
It added that the National Water Carrier Project is a strategic
national project that has been implemented with a high level of
transparency and governance throughout its preparation, evaluation
and tendering stages, strengthening investor confidence and enhancing
the project’s ability to secure substantial international financing.
The ministry also highlighted the project’s strategic importance, as
well as its technical and economic viability, alongside government
support for its implementation.
//Petra// AJ