Impact investment is a key principle for Metito and its an honor to lead on a project that supports Qatar’s efforts to develop and implement a sustainable drainage infrastructure across the country.
“Metito and partners will be investing the equity required, and Metito will be integrating the latest technologies as we invest close to 1 Billion dollars. Through our experts, access to global resources, and extensive knowledge of the local Qatari requirements and specifications, we are confident we are absolutely the right partner to develop this strategic project”, concluded Rami Ghandour.
Meshary Al-Judaimi, Group Head – Principal Investment at GIC stated, “In line with its strategy to focus on sectors with high added value to the economies of the region, GIC has chosen the development of utilities and infrastructure projects as one of the most important sectors. There is no doubt that the state of Qatar, through the Public Works Authority, has demonstrated its ability to attract international, regional, and local private enterprises for the development of this important project.”
Walid Oraby, Metito Qatar Executive Director, added, ” With a local workforce of over 2200 employees and extensive operations in Qatar, we are very familiar with the local water sector and its challenges. Our understanding of local requirements backed by our strong engineering capabilities, and innovative technologies, will enable us to deliver a world-class project fitting of Qatar. We have worked extensively with Ashghal before, and we are excited for the opportunity to design and deliver this long-term sustainable project along with our partners.”