---
id: "sisco:1:354"
title: "Tawzea in a consortium with Lantania has signed a contract with Neom for Al-Badaa Water Recycling Plant Enhancements Project"
language: "en"
url: "https://sisco.uxpan.net/en/media/press/view/tawzea-neom-albadaa/"
published_at: "2024-07-16T09:54:00+00:00"
updated_at: "2026-10-12T02:24:44+00:00"
knowledge_approval: "not_assessed"
content_sha256: "739f829651d405fa95b5bb30800d1b8bbe6cf453e1541fb856096bb8cf457ea4"
---

# Tawzea in a consortium with Lantania has signed a contract with Neom for Al-Badaa Water Recycling Plant Enhancements Project

[Original page](<https://sisco.uxpan.net/en/media/press/view/tawzea-neom-albadaa/>)

2024-07-16

Sustained Infrastructure Holding Co. (SISCO Holding) is pleased to announce the signing of a Contract between the International Water Distribution Company, one of SISCO’s investments in the water sector, and Neom for a project to enhance and develop a water recycling plant in the Al-Badaa area

<table><thead><tr><th>Element List</th><th>Explanation</th></tr></thead><tbody><tr><td>Introduction</td><td>Tawzea in a consortium with Lantania has signed a contract with Neom for Al-Badaa Water Recycling Plant Enhancements Project.</td></tr><tr><td>Date of Announcement of the Award</td><td>2024-07-15 Corresponding to 1446-01-09</td></tr><tr><td>Contract Subject Matter</td><td>Water Recycling Plant Enhancements Project in Al-Badaa</td></tr><tr><td>The Entity with Which the Contract was Signed</td><td>Neom</td></tr><tr><td>Date of Signing the Contract</td><td>2024-07-15 Corresponding to 1446-01-09</td></tr><tr><td>Contract Value</td><td>SAR 316,215,726 SAR excluding VAT</td></tr><tr><td>Contract Details</td><td>Tawzea in a consortium 50% with Lantania will do Engineering, Procurement, Construction, Testing &amp; Commissioning Al-Badaa Water Recycling Plant Enhancements Projects, Interim Biosolids Treatment Facility, and Interim Innovation Centre and Biosolids Demonstration Center.</td></tr><tr><td>Contract Duration</td><td>24 months</td></tr><tr><td>Financial Impact and the Relevant Period</td><td>Financial impact is expected to take place during 4th quarter of year 2024.</td></tr><tr><td>Related Parties</td><td>There are no related parties</td></tr><tr><td>Attached Documents</td><td><a href="https://www.saudiexchange.sa/Resources/fsPdf/14116_399_2024-07-15_21-31-58_en.pdf"></a></td></tr></tbody></table>

- [14116_399_2024-07-15_21-31-58_en.pdf](<https://www.saudiexchange.sa/Resources/fsPdf/14116_399_2024-07-15_21-31-58_en.pdf>)
