Metito, a leading global provider of intelligent water and alternative energy management solutions with a major presence in the region, has announced that it has been awarded a contract from Serbia’s Public Water Company to develop, modernise and operate a water treatment plant in the city of Zrenjanin.

 

The facility, which is the first public private partnership (PPP) project for the realisation of a water treatment plant facility in Serbia, is being built at an investment of €18 million ($18.7 million).

 

The contract was signed by Metito Managing Director Rami Ghandour, Mayor of the City of Zrenjanin Simo Salapura, and PWC Acting Director Predrag Bodiroga at a special ceremony held in the presence of Serbian Prime Minister Ana Brnabic. 

 

It was also attended by UAE Ambassador in Serbia Mubarak Saeed Burshaid Al Dhaheri and other senior Metito officals incluidng Vice President (Business Development) Walid Madwar and Serbia Country Manager Branislav Zec.

 

Lauding the project, the Serbian PM said: "With the signing of the contract for realization of a water treatment project in Zrenjanin, we have taken a huge step towards solving a decades-long problem for the citizens of the Serbian city. I would like to thank the Mayor of Zrenjanin and his team for their persistent efforts to find a solution to such a complex challenge together, and I also thank PWC and especially Metito, which, based on its experience in the water sector around the world and innovative technologies it applies, will be our true partner on this project."

 

The water quality challenge in Zrenjanin is a complex case and after through due diligence, Metito devised a sustainable and innovative solution that will see the company integrating state-of-the -art technology and leveraging its global resources and expertise while committing to environmental stewardship.

 

Such strategic projects will help Serbia achieve its Water Management Strategy in support of the country’s 2020-2025 Vision and sustainable development goals, she added.

 

Dubbing the contract as a double gain, Salapura said: "We have as our partner a renowned company that has innovative technology, and the investment value of at least €18 million. The biggest guarantee of this project will be the Serbian government and we have invested maximum caution and made sure to minimize risks for the city and citizens to the lowest possible level."

 

Ghandour said: "Over the course of six decades of global experience, a growing portfolio of over 3,000 projects across 50 countries, we have partnered with governments, worked with industries and communities to secure and manage their water needs."

 

"We are confident we can deliver this project, while keeping the health, safety and environment central to our sustainable operations," he added.

 

Metito currently has two active projects in Serbia with a planned investment of approximately €50 million.-TradeArabia News Service