Tatweer Buildings Company is tendering the development of 60 schools in Jeddah and Mecca
Saudi Arabia’s Tatweer Buildings Company (TBC) has received bids for the public-private partnership (PPP) contract to develop 60 schools in Jeddah and Mecca.
The companies prequalified to bid are: Australia’s Macquarie, France’s Bouygues Construction, and local companies Alfanar, Al-Rajhi Holding, Masic, Ajyad Knowledge Company, Al-Yamama Company, El-Seif, and ABG Investments.
The selected bidder will design, build, finance, maintain and transfer the schools to Saudi Arabia’s Education Ministry at the end of the contract period.
The 60 schools comprise the first wave of the kingdom’s national schools PPP programme, with which it plans to procure 300 schools across the kingdom.
Kindergarten, elementary, intermediate and secondary schools are included in the first wave.
The school sites have been designed with multipurpose halls, facilities to accommodate children with special needs, catering facilities and specialist teaching areas, among others.
UK-based HSBC is the financial adviser, US-based Aecom and Canada’s WSP are providing TBC with technical advisory services, while the UK’s Allen & Overy and the local Khoshaim & Associates are the legal advisers.