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Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 25043
MENA Region
Sector1Water and Wastewater Utilities
Environmental categoryB
Date SPI disclosedApril 27, 2007
Projected board dateMay 29, 2007
Previous EventsInvested: October 11, 2007
Signed: September 20, 2007
Approved: September 14, 2007
View Environmental & Social Review Summary (ESRS), click here
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Project description
Metito is a medium-sized regional player specialized in the design, engineering, procurement, contracting, and operations and maintenance solutions for industrial and municipal customers in the rapidly growing water and wastewater treatment industry in the Middle East and North Africa (MENA). In 1999, Metito expanded into the industrial concessions business segment, with a focus on small-to-medium size industrial water and wastewater concessions (Industrial Concessions), serving the tourism industry and mixed-use real estate developments (investment, residential and industrial parks) in the MENA region, and the ports services sector in Indonesia.

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