Joint venture to provide management services to the Al-Yarmouk Water Company
The consortium of Veolia Water Mena together with the local Aquatreat has been awarded the contract to provide management services to the Al-Yarmouk Water Company in Jordan.
The consortium, known as Veolia Aqua Jordan, will manage the upgrade of services for the northern governorates by improving efficiency, reducing physical and administrative losses, increasing the continuity of water supply, cutting operating costs and improving billing and cash collection processes.
The five-year contract can be extended twice, which would take the total contract period to nine years.
Al-Yarmouk Water Company is the water and wastewater utility company serving the northern governorates of Irbid, Ajloun, Jerash and Mafraq. Combined they have a population of about 1,650,000 people.
Veolia Water Mena is a subsidiary of Azaliya, which is a joint venture of France’s Veolia Water and Abu Dhabi-based Mubadala Development Company, the Washington-based International Finance Corporation (IFC). It is also a part of Proparco, part of Agence Francaise de Developpement (AFD).
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