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Article: SWCC eyes sell-off advisory: sixteen firms prequalified for strategic, technical, financial and legal roles.(SAUDI ARABIA)(Saline Water Conversion Corporation)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- July 8, 2005
CopyrightCOPYRIGHT 2005 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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State-owned Saline Water Conversion Corporation (SWCC) has released request for proposal (RFP) documents to 16 prequalified companies interested in advising on its planned privatisation. 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).
"A committee reviewed the prequalification documents submitted by the consultants and shortlisted 16, four in each category, to receive the RFP," SWCC governor Fehied Alshareef told MEED in ...