Metito, the international desalination, water, and wastewater treatment specialist, made a strong case for greater private sector involvement in the water industry, at the 2nd Annual Congress on Infrastructure Finance which took place at the JW Marriot in Dubai from January 28-31. The focus of this year’s conference was on the ever increasing effort of developing effective mechanisms to support Public-Private Partnership (PPP).
Public Private Partnership (PPP) is a partnership between the public and private sector for the purpose of delivering a project or service, which was originally provided by the public sector. Metito’s participation further highlighted the problem of increasing population and the pressure to provide safe water and sanitation. Bob Smith, Concession Specialist at Metito delivered a key speech and a presentation which covered a wide spectrum of vital topics emphasising the importance of establishing complementary relationships by drawing on the strengths of both public and private sectors in the Middle East as well as the regional water trends. Cost-benefits and financial viability of outsourcing water treatment services to the private sector in the region were also discussed in greater detail.
Bob Smith Concession Specialist at Metito said, “This year’s conference has provided Metito with an excellent platform to exhibit the economic and business opportunities that fall under the PPP umbrella. The rapid expansion of the Middle East economy has fuelled an exponential growth in the regional water industry. This has lead to an increase in demand for PPP projects which has not only resulted in better use of capital funds but also improved production efficiency and customer service. With over four decades of experince in the water industry, Metito has successfully completed 1,000 projects in various industrial segments and we look forward to ink many more PPP projects”
Over the last few years PPP projects have started to take shape across a wide spectrum of industries in several GCC countries such as Saudi Arabia, Oman and Egypt. The PPP process recognises that both the public and private sector have certain distinctive advantages which when put together can result in economic benefits, innovation of ideas and management expertise. PPP also helps provide better quality facilities for citizens and stakeholders, and lifts much of the burden of development from the already overloaded shoulders of the public sector.
He added “Waste water reuse is a viable option to address the increasing demand for water, but conservation, efficient use of existing water supplies, and development of new water resources are other alternatives that must also be evaluated. Moreover water must be managed as a social good and supported with sound economics. A lack of appropriate tariffs to cover basic production and investment costs will lead to a huge misuse of water. On the other hand sufficient tarrif covering production costs along with planned annual investments and good management will lead to efficient and improved levels of services.”
Metito, founded in 1958, is a shining example of a Middle Eastern company that has grown to be a world leader in its field. Metito operates locally in 14 countries of the Arab and Islamic World, and supplies its plants internationally to locations as far apart as Argentina and Australia from its base in the United Arab Emirates. Some of the company’s notable achievements in 2006 include high purity demineralised water supply for Jebel Ali and Umm Al Nar power projects in UAE, drinking water supply to Kandahar in Afghanistan and high quality water supply for North Rumaylah project in Iraq.
Metito is a leading international company in the provision of desalination, water supply and wastewater treatment projects and services. It serves a global client base in Europe, Asia and Africa with engineering, design, plant manufacturing and chemical production facilities in the UAE.
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