Miahona Secures $267 Million Jeddah Wastewater Plant Contract
Deal News | Apr 07, 2025 | Zawya
Miahona, a leading developer in Saudi Arabia's water and wastewater infrastructure sector, has been awarded a significant contract valued at approximately SAR1 billion ($267 million) for the development of a wastewater treatment plant in Jeddah's 1st Industrial City. The Saudi Authority for Industrial Cities and Technology Zones, known as Modon, awarded this contract as part of its ongoing efforts to bolster the region's industrial infrastructure. The plant will be established under a 25-year Rehabilitation, Operation, and Transfer (ROT) framework. The scope of work encompasses the rehabilitation, construction, operation, and ongoing maintenance of wastewater treatment systems, including leveraging the existing site facilities. Critical operations will involve treating raw and industrial wastewater in compliance with established Service Agreements. Additionally, the project requires Miahona to market and sell treated water specifically for industrial applications. This endeavor not only addresses wastewater management but also introduces modern efficiencies in service continuity and reliability, ensuring comprehensive public service in water treatment.
Sectors
- Water and Wastewater Management
- Industrial Infrastructure
Geography
- Saudi Arabia – The contract for the development of the wastewater treatment plant is located within Jeddah, Saudi Arabia, making this the primary geographical focus of the article.
Industry
- Water and Wastewater Management – The article pertains to the development and management of wastewater treatment infrastructure, specifically focusing on a major wastewater plant project.
- Industrial Infrastructure – The contract involves the development and maintenance of infrastructure within an industrial zone, indicating relevance to the broader industrial infrastructure sector.
Financials
- $267,000,000 – The value of the contract for the development of the wastewater treatment plant in Jeddah.
- 25 years – The tenure of the contract signed under the Rehabilitation, Operation, and Transfer model.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Miahona | Target Company | Company | A leading Saudi company specializing in water and wastewater infrastructure development. |
| Saudi Authority for Industrial Cities and Technology Zones (Modon) | Government Entity | Government | The government authority responsible for the development and regulation of industrial cities and technological zones in Saudi Arabia. |
| Al Hilal Publishing and Marketing Group | Publisher | Company | The publishing company responsible for the copyright of the article. |
| SyndiGate Media Inc. | Distributor | Company | The media group providing access to the published content. |