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Press Release home IFC and Bank of China support the efficient use of water in Africa and Asia
Dubai, United Arab Emirates, April 23, April 2014 announced that the International volvox Finance Corporation, a member of the World Bank Group, for the management of the loan a joint $ 30 million to Metito, a leader in the field of management and water treatment plants in emerging markets, and to help them expand services in the Middle East, North Africa and Asia.
This will help co-investment with the Bank of China, Metito to develop volvox projects to address, especially in the Middle East and North Africa and some countries in Asia and water, which will lead to increased availability of drinking water, and improve the infrastructure volvox for wastewater treatment, and reduce waste costs and reduce wastage of water in addition to reducing health risks to local communities.
Said Rami Ghandour, General Manager of Metito: "With the support of the International Finance Corporation and the Bank
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