Saudi Arabian Amiantit : News

SAUDI ARABIAN AMIANTIT LEADS CONSORTIUM THAT HAS WON OVER SAR 187 MILLION WATER MANAGEMENT-CONTRACT IN ROMANIA

Zetea project will supply high quality potable water to 200,000 people

Dammam, News Item – Saudi Arabian Amiantit is the leader of a consortium that has won the international tender for a water management project in Romania worth over SAR 180 million ($ 50 million). This project will be financed by a number of international institutions.

The Zetea water supply system is the first public and private participation Design, Building, Operation, and Transfer (DBOT) infrastructure project of its kind in Romania and consists of water intake from an existing 14 million cubic meters lake, a water treatment plant, a 137-kilometer pipeline, and connections to the distribution tanks. The system will supply high quality potable water to more than 200,000 people.

Project implementation will start in the spring of 2004 and the water supply system is expected to be completed within three years. Amiantit already has ductile iron pipe manufacturing facilities in Romania, where the company produces its own raw material.

“This is one of a number of recent contract wins by Amiantit for water management projects in various countries round the world.” said Eng. Fareed Al Khalawi, CEO & Managing Director of Saudi Arabian Amiantit Company. “In addition, we are negotiating other BOT and concessions water management contracts in the Middle East and in South and West Asia.”

The project is in line with Amiantit strategic plans to be one of the top ten leading companies in the world that provide drinking water and waste water solutions to people in different countries around the globe. Through its subsidiary AmiWater, the company is already managing water projects that serve more than 4 million people in the industrial countries as well as the developing ones.

Jeddah-based Amiwater is a holding company that provides solutions for water management projects. With the technical skills, expertise and experience of its international subsidiaries and partner companies, AmiWater is fully equipped to provide services ranging from modernization and rehabilitation of water supply and wastewater disposal networks to consultancy engineering and operation of water systems on BOT or concession basis.

Saudi Arabian Amiantit Company is a world leader in the manufacture of pipes and accessories and is an industry leader in the research and development of manufacturing technologies that it licenses to other pipe producers. The company has recently diversified its activities to include water management as a strategic development that synergizes with the company’s core business.