Metito II

completed

Metito is a company 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, particularly well planted in the Middle East and North Africa (“MENA”) region. Since 1999, Metito has also expanded into the concessions business segment through Metito Utilities Limited (“MUL”), with a focus on small-to-medium size industrial water and wastewater 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. In 2008, MUL formed two partnerships with Berlinwasser International (Germany) to i) enter the Chinese market; and ii) develop large size water projects for public sector clients in the MENA region. The Project will enable MUL to strengthen its capital structure so as to fund the development of these two partnerships adequately.