Metito and Thames Water create regional business partnership
United Arab Emirates (UAE)-headquartered Metito (Overseas) has announced a new strategic partnership with Thames Water, a UK water business. The first project that Metito and Thames Water will be operating together is joint responsibility for the operations and maintenance of the Ajman Sewerage concession project for the next 27.5 years.
The announcement comes just weeks after Thames Water officially announced the launch of business operations in the UAE as their base for delivering services across the Gulf. The new alliance, recognized by a formal Memorandum of Understanding (MoU) between the two companies, will bring major business benefits and opportunities to both Metito and Thames Water.
Giving Thames Water a regional partner with over 40 years experience in water, waste water and desalination technology, Metito will provide access to the development and operation of large concession projects.
In the last 50 years the world's population has doubled but water consumption has quadrupled. This is why sustainable development and efficient management of scarce water resources is one of the most important challenges for the public and private sectors around the world.
Metito is an international company for the provision of wastewater treatment, desalination and water supply projects. In the UAE it operates its European, Asian and African operations from its regional headquarters in Sharjah and has a factory and laboratory facility in the Hamriya Free Zone. — (menareport.com)
© 2003 Mena Report (www.menareport.com)