Announcement of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company

The Announcement of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company (one of SISCO Holding’s portfolio investments in the water sector) in Waad Al Shamal City for Mining Industries

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Announcement of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company

The Announcement of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company (one of SISCO Holding’s portfolio investments in the water sector) in Waad Al Shamal City for Mining Industries

Element ListExplanation
IntroductionSISCO Holding Company announces the award of a project by the Saudi Authority for Industrial Cities and Technology Zones (MODON) to a consortium that includes one of its affiliate companies, International Water Distribution Company (Tawzea), in which “SISCO Holding” holds a 50% equity stake.

The project involves the design and construction of a wastewater and industrial water treatment plant, along with a storage and distribution system for treated water intended for industrial irrigation in Waad Al Shamal City for Mining Industries, located in the Northern Borders Province of the Kingdom of Saudi Arabia.

The consortium consists of two companies, with Tawzea holding a 51% stake in the consortium.

Date of Award2025-08-06 Corresponding to 1447-02-12
CounterpartyThe Saudi Authority for Industrial Cities and Technology Zones (MODON)
Project ValueSAR 53,285,161.45 (inclusive of Value Added Tax)
Project DetailsThe design and construction of a wastewater and industrial water treatment plant, along with a storage and distribution system for treated water intended for industrial irrigation in Waad Alshamal City for Mining Industries in Northern Borders Province in the Kingdom of Saudi Arabia.

The consortium consists of two companies, Tawzea holding 51% stake in the consortium of Saudi Arabia, and Tawzea owns 39% of the project company to implement the contract.

Related PartiesNo related parties
Additional InformationThe total duration of the project (7 years) includes:

The execution period of 30 months, and

The operation, maintenance and preservation period of 48 months.

07 / 08 / 2025 General