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January 30, 2006

Metito says that 'Water Must Be Managed by the private sector'

Rami Ghandour Executive Director of Metito Group said: 'The demands for water and wastewater treatment are growing tremendously with the growth of the economies of the Gulf and Middle East, with $120B to be invested over the next decade. Historically, the governments have held monopolies on supplying water and treating wastewater. Many of the government utilities across the region are not able to install capacity fast enough to cope with the growth.'

'The government monopolies are often overstaffed, have high water losses in their networks...

Full Story...

Posted by rjorr at January 30, 2006 6:23 PM