Ministry of Housing and Communal Services tendered 100 MLD wastewater treatment plant in Namangan district of Uzbekistan. It is part of a large-scale water management strategy that has been adopted to aim at corporatization and the transfer of management of water supply and sewerage systems to private operators. Two presidential decrees have been issued to support development of Water, Supply and Sanitation (WSS) infrastructure on PPP basis and it is the first PPP project to be developed in this sector pursuant to those Presidential Decrees.
Synergy provided Financial Advisory Services to the client for the tender, including preparation of the financial model, market sounding to devise optimal financing plan, assistance in formalization of financial and commercial strategy to optimize bid structure, assistance to Sponsors in marking up Project documents and other related work streams.
Metito was selected as the successful bidder on December 23rd 2021. The Project is expected to be financed by international financial institutions and will be developed on a design, build, finance, operate and maintain basis.