Myah Gulf Oman Desalination Company SAOC
Supplying drinking water to over 500,000 people in Oman, in an efficient and sustainable way.
Shared Value
Value for society
Sohar 4 IWP is the second largest desalination plant in Oman and the example to follow in the region.
Value for shareholders
Among other benefits, shareholders will receive dividends for 20 years thanks to a WPA agreement.
Value for people
The only desalination plant providing drinking water to the over 500,000 people in North Al Batinah.
Characteristics
Client
Oman Power & Water Procurement Company SAOC
Concession Dates
2019 - 2039
Remuneration Scheme
Fixed Payment + Variable Payment based on water production
Phase
Operation
Myah Gulf Oman Desalination Company SAOC
The Sohar 4 IWP is a 250,000 m3/d reverse osmosis desalination plant located in the Sohar Industrial Port, 200 km west of Muscat (Oman). It was developed (design, finanziation and construction) by Sacyr Water and two local partners (OBIC and Sogex) under a non-recourse project finance with an investment of USD 230 million and a WPA agreement for 20 years of its operation and maintenance. The plant has been operational since August 2019, and will provide employment to locals for years to come.
MILLION € INVESTMENT
STAKE
M3/DAY
PEOPLE SERVED