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Public private partnership program - Completed

1. Assamra Water Treatment Plant/ BOT

§         The objective of the project is to improve the waste water treatment services to provide for water supply for irrigation and power generation purposes;

§         The winning American-French consortium Suez Environment, Ondeo, Ondeo/ Degremont Inc. and Morganti Group signed, on July 28th 2002, a 25-year BOT contract with the GoJ to construct the plant.

§         The total cost of the project amounted to JD 120.7 million ($169 million) financed as follows: $78 million by USAID; $14 million by the Treasury; $17 million by the consortium; $60 million by the Banks syndicate and the Social Security Corporation; and, $5 million by the Swedish Government in the form of a grant to cover for the consultancy and supervision services;  

2. Expansion of Queen Alia International Airport (QAIA) BOT:

§         An advisory services contract, including the expansion scheme, has been signed with IFC on October 25th 2005. A technical advisory contract was signed with (NACO) the technical advisor and a legal advisory services contract was signed with (White & Case legal advisors) on December 27th 2005.

§         In May 2007, the winning bidder led by Aeroports de Paris, was awarded the 25- year BOT contract for the expansion of the airport. The consortium comprises the following partners:

1. Aeroports de Paris Management (ADPM)

2. Edgo Ventures (Edgo)

3. Joannou & Paraskevaides Overseas. Ltd.

4. J&P-Avax, Abu Dhabi Investment Company (ADIC)

5. Noor Financial Investment Company

 

§         The Rehabilitation, Expansion and Operation Agreement (REOA) was signed on May 19th 2007; the hand-over of the Terminal Buildings of QAIA to AIG (Airports International Group) on BOT basis took place on November 15th 2007.

§         Estimated investments related to the project are expected at $680 million. As stipulated by the contract, the investor shall pay to the GoJ 54.6% of the gross revenues of the overall airport facilities, mainly accrued from the departure tax and other fees related to the utilization of the airport’s facilities.. The expected date for the completion of phase one targets 2011.

§         PMU Department at the Ministry of Transport was established in 2007 to monitor the progress of the terminal of QAIA.

 

 

3- Medical and Industrial waste Treatment Plant - BOOT:

       

·         The Council of Ministers endorsed a decision, on June 9th 2003, to proceed with implementing the project under Public-Private-Partnership (PPP) scheme. A specialized international advisor was retained to conduct a preliminary comprehensive study exploring the possibility of engaging a specialized international operator/ investor to implement the project.

·         The GoJ decided on March 28th 2004 to proceed with the project’s feasibility study including the economic, social, technical and environmental aspects. In light of the recommendations to proceed with the implementation of the project, the GoJ approved, on February 1st 2005 to proceed with the implementation procedures.

·         The Cabinet endorsed on April 15th 2007 a decision to tender the project on BOOT basis.

·        Invitation for Expressions of Interest was published in the local and international press on April 18th 2007 with a deadline for receiving offers for pre-qualification set on June 28th 2007. Ten responses were received, three were pre-qualified

·         On July 8th 2007 the three pre-qualified consortia received the bidding documents with the deadline for receiving the technical and financial offers set on January 28th 2008. Two bids were received from Ramky consortium and Nasser Group consortium.

·         Upon the completion of the technical and financial evaluation, Nasser Group consortium was announced preferred bidder and a series of negotiation sessions in relation to the BOOT contract were conducted.

·         The Council of Ministers endorsed on January 6th 2009, the award of the BOOT contract to Nasser Group consortium comprising:

1.       Nasser Investment Group Holding-Jordan

2.       Hafner-Italy

3.       Almassarif Trading Industrial & Investment- Saudi Arabia

4.       Action Stream Company

5.       Environment Company

·         The BOOT contract was awarded and signed on March 30th 2009, to be followed by the financial closure six months as of the signing date.

 
 
   
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