Metito inks historic agreement at COP28

Metito inks historic agreement at COP28

Dubai, UAE – Metito, a global provider of intelligent water management solutions, has signed the Heads of Agreement with Kazakhstan Investment Development Fund (KIDF), Kazakhstan Centre for Modernization and Development of Housing and Communal Services JSC, and Akimat of Akmola region for the implementation of a transformative wastewater treatment project in the city of Kokshetau.

Signed in the Central Asia Pavilion at the 28th UNFCCC Conference of the Parties (COP28) last week in the presence of senior officials, including Kazakhstan Minister of Energy, Almassadam Satkaliyev, and Minister of Ecology and Natural Resources, Yerlan Nyssanbayev, the agreement is another key milestone in Metito’s expansion in Central Asia and marks the first Public-Private Partnership (PPP) in the water and wastewater sector in the Republic.

"Kazakhstan’s leadership is very forward-looking – President Kassym - Jomart Tokayev has stressed the importance of water security at multiple addresses throughout the year – including at COP 28 - highlighting the need for the accelerated introduction of water-saving technologies to mitigate a looming water crisis. We are honoured to partner with the government of Kazakhstan to support the realization of its water security goals through pioneering the first PPP of its kind in the Republic," commented Rami Ghandour, Chief