A consortium of WTE Wassertechnik GmbH and KCC Engineering Contracting Co (KCCEC) has achieved financial close for US$ 1.6 billion Umm Al Hayman wastewater project in Kuwait. The project includes development of 500,000 cubic metres a day (cm/d) wastewater treatment plant with an expandable capacity to 700,000 cubic metres a day.
The consortium has established Umm al-Hayman Company to act as SPV for the PPP project. Commercial Bank of Kuwait (CBK) and Al-Ahli Bank of Kuwait (ABK) along with four other banks have signed an agreement to provide US$ 650 million loan financing with 26 years repayment term to finance the construction and operation of the project.
Country updates
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June 30, 2020
Deadline extended for RFP seeking technical advisors for two IWPP in Kuwait
Kuwait Authority for Partnership Projects (KAPP) has extended the deadline due to COVID-19 for a request for proposal (RFP) seeking experienced technical advisers for two IWPP plants located at A...
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June 04, 2020
RFP launched for technical advisors for two IWPP plants in Kuwait
Kuwait Authority for Partnership Projects (KAPP) has launched a request for proposal (RFP) seeking experienced technical advisers for two IWPP plants located at Az-Zour and AlKhairan. The pr...
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March 26, 2020
Kuwait delays tender seeking technical adviser for water and power sector projects
The Kuwait Authority for Partnership Project (KAPP) has delayed the retendering process seeking advisory services for two independent water and power producer projects. The delay is due to current cir...
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October 30, 2019
Umm Al Hayman Wastewater project is set to reach financial close by year end
A consortium of WTE Wassertechnik GmbH and KCC Engineering Contracting Co (KCCEC) are set to reach financial close for Umm Al Hayman Wastewater PPP Project in Kuwait by the end of the year. The sewag...
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February 26, 2019
Obermeyer to advise on development of Kuwait International Airport
Kuwait's Directorate General for Civil Aviation has contracted German consultancy Obermeyer to support the execution of the Kuwait International Airport Development Plan. The five-year contract...
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