Doosan Heavy Industries & Construction Co., won the 203.9 million dollars ‘Sharqiyah Seawater Desalination Plant Construction Project’, which was ordered by the Oman Water Supply Authority. Doosan Heavy Industries & Construction Co. announced that it had won the project by forming a consortium with global plant construction companies, such as JPC Corp in Japan.
Doosan Heavy Industries & Construction Co. plans to complete the construction of by April 2021 through the EPC (Engineering, Procurement & Construction) method, which covers everything from design to procurement and construction. The Sharqiyah desalination plant, built by reverse osmosis, will be built 220 kilometers southeast of Muscat, the capital of Oman, and produce 80,000 tons of water a day for about 200,000 people.
The consortium members will set up a Special Purpose Company (SPC) called Al Asilah, with Japan’s JGC to fund 75 percent, Oman’s UIDC to fund 20 percent, and Doosan Heavy Industries and Construction Co. to fund 5 percent.
As a result, Doosan Heavy Industries & Construction will participate in the construction of a desalination plant and participate as a stakeholder, expanding its business scope as a developer of desalination plants and expecting additional profits through plant operation over the next 20 years.
“With this new contract, we have successfully re-entered the market in Oman, where demand is growing more than 5 percent every year due to population growth and urbanization. In particular, we have secured our ability to develop and operate our business through participation in equity so that we can expand our business scope further in the future,” said Park In-won, Director of Water BG in Doosan Heavy Industries & Construction.
According to Desal Data, released by the Global Water Intelligence (GWI), Doosan Heavy Industries & Construction has ranked first in the global seawater desalination market over the past decade.
Over the past 30 years, Doosan Heavy Industries & Construction Co. has won 28 seawater desalination projects in the Middle East and Central and South America, including Saudi Arabia, UAE, Kuwait, Oman, and Qatar.
According to a report released this year by GWI’s Global Water Market, the global seawater desalination market is expected to reach about 7 billion dollars in 2022 and reach about 4.3 billion dollars in MENA (Middle East North Africa) alone.
