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The site of the plant on the Nyabarongo River.

Metito wins $75m water project in Rwanda

KIGALI, March 31, 2015

Metito, a leader in intelligent water management solutions, has signed a concession agreement for a public- private partnership (PPP) water project worth $75 million with the government of Rwanda.

The company will develop a new, sustainable bulk water supply plant in Kigali to serve 40 per cent of Kigali city’s potable water requirements under the deal.

The signing took place in Kigali at a special ceremony that was coordinated by Rwanda’s Development Board (the country’s investment promotion organ), the Water and Sanitation Corporation (Wasac) and the Ministry of Infrastructure and the International Finance Corporation (IFC).

It is the first water concession contract of such scale awarded by the government of Rwanda and the largest in terms of capacity and value in sub-Saharan Africa, outside of South Africa.

Speaking at the signing, Germaine Kamayirese, Minister of State in Charge of Energy, Water and Sanitation, said: “Rwanda is undergoing massive economic development, it is imperative that we have the infrastructure that can support the country’s ambitions. The implementation of this project is part of the Vision 2020 plan to keeping up with increased demand for clean water, while improving its quality”.

Mutaz Ghandour, Metito chairman and CEO, said: “Today is a milestone for Metito as we join hands for the first time with the enlightened government and people of Rwanda in what we know will be a long and mutually beneficial partnership”.

To implement this project and to further cement Metito’s commitment to Rwanda, the company has established Kigali Water, a fully-owned subsidiary of Metito.

The plant, which will take approximately two years to construct, will be located in Kanzenze in the South Eastern part of Kigali. On completion the plant will supply 40,000 cu m per day of treated groundwater, which will be extracted from the south bank of the Nyabarongo River.  - TradeArabia News Service




Tags: Water | Metito | Kigali |

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