Business

Malakoff unit’s consortium wins Oman desalination plant bid

November 12, 2012

KUALA LUMPUR, Nov 12 – The consortium led by Malakoff Corp Bhd’s wholly-owned unit, Malakoff International Ltd, has been selected to undertake the development and construction of an independent water production facility, Al Ghubrah IWP.

The project has a net desalination capacity of 191,000 cu m per day.

Malakoff Corp, a subsidiary of MMC Corp Bhd, said the consortium comprised Sumitomo Corp of Japan and Cadagua S.A. of Spain.

In a statement today, the group said the project was awarded by the Sultanate of Oman’s tender board, through Oman Power Water Procurement Co SAOC, following an international competitive tendering exercise.

“The parties will implement the project on a build-operate-own basis, incorporating reverse osmosis technology, and is set for completion in September 2014,” it said.

The group said Malakoff International and Sumitomo Corp will hold an equal 45 per cent interest in the project and Cadagua S.A. 10 per cent.

Malakoff chief operating officer, Habib Husin, said it was indeed heartening for the company to be given the opportunity to re-establish its footprint in Oman.

In May this year, Malakoff Corp, via Malakoff International, had completed the acquisition of a stake in Bahrain’s Al Hidd Power Co, the nation’s largest independent power generation and water desalination facility. – Bernama

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