Metito
and Thames Water strategic partnership
Posted: 29 June 2003
Companies to combine world class expertise and deliver
regional solutions in water and waste water schemes
UAE-headquartered Metito (Overseas) Limited has announced a new
strategic partnership with Thames Water, the world’s third
largest water business, that will bring together two global leaders
in the provision of world class water and waste water schemes.
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, recognised by a formal Memorandum of Understanding
between the two companies, will bring major business benefits and
opportunities to both Metito and Thames Water.
It gives Thames Water a strong regional partner with over 40 years
experience in water, waste water and desalination technology. For
Metito it provides access to the experience of a global giant in
the development and operation of large concession projects.
Making the announcement, Metito Managing Director, Mr. Fady Juez,
said: “As a company Metito believes in the power of partnership
and finding the right partner to help us further develop our regional
and international business.
“This new strategic agreement defines how our two companies
will be working together in the region to help meet the constant
growth in demand for technologically advanced solutions for delivering
modern water and waste water schemes.
“Both Thames Water and Metito share an unwavering commitment
to the environment and I am looking forward to working with them
to help further improve the levels of recycling and water conservation
in one of the most arid regions in the world.”
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.
Thames Water’s GCC Regional Director, Mr. Eryl Edwards, said:
“After years of developing relationships in the region Thames
Water is of the opinion that we both have the technological expertise,
skills base and experience to bring real long term development and
partnerships.
“This partnership with Metito is part of our strategy to
work with the very best regional partners and people wherever we
operate around the world. Thames Water is looking forward to utilising
the regional knowledge and world class expertise of Metito to help
us grow and develop our business in the region.”
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.
Thames Water is the number one water company in the US, England
and Germany while Metito (Overseas) Limited is the first and foremost
water treatment company in the Middle East.
Metito is a world leader in desalination, water and waste water
systems with its headquarters for Europe, Africa and Asia in Sharjah
where the company employs over 400 project managers, engineers and
executives with their support staff.
Over the past 40 years Metito has assembled a world-class international
client base that includes Bechtel, Brown & Root, British Gas,
Coca Cola, Hilton International, Hyatt, Hyundai, Mitsubishi, Samsung,
Snamprogetti and Toshiba.
In the UAE clients include Abu Dhabi Municipality, ADNOC, ADWEA,
DEWA, SEWA, Emirates Towers Hotel, Ritz Carlton Hotel, Al Maha Resort,
American University of Dubai, the City of Ajman, Borouge, Jebel
Ali Free Zone and Marmum Dairy Farm.
Thames Water is the water business of German-based utility giant
RWE and covers the whole globe with its water activities.
In excess of 70 million people in 46 countries draw their water
supplies and waste disposal facilities from Thames Water.
More than 14,000 employees achieved a turnover of nearly 1.7bn
euro last year (2002).
Posted by Richard Price,
Editor Pipeline Magazine
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