Project
Umm Al Hayman Wastewater Treatment Plant
Kuwait's landmark wastewater PPP, awarded to a consortium of WTE Wassertechnik GmbH and International Financial Advisors Holding. Agreements signed 23 January 2020, financial close July 2020, operations began Q4 2023, nearing full operational capacity as of 2026 reporting. Total project value cited as approximately $1.6-1.8 billion across sources, reflecting cost figures reported at different points in the project's life. KAPP, which holds a 50% stake in the project company, launched a tender in February 2026 for an advisory consultant to manage an IPO divestment of that stake (245 million shares).
Status
Value
Scale & Capacity
Overview
- Location
- Umm Al-Hayman, within the boundary of the existing water purification plant
- Delivery Model
- PPP combining a 25-year Build-Operate-Transfer scheme and a 3-year Design-Build-Operate scheme
Project Developments
- Market · 1 February 2026KAPP launches IPO advisory tender for its 50% Umm Al Hayman stake
In February 2026, the Kuwait Authority for Partnership Projects launched a tender to select an advisory services consultant for offloading its 50% stake in the Umm Al Hayman wastewater company (245 million shares) via an Initial Public Offering.
Participants & Roles
Investor / Shareholder
Sponsor / Developer
Government Entity / Grantor
Sources
- asarlegal.com / saudigulfprojects.com / zawya.com (Feb 2026 IPO tender)Industry / Trade Source
