Securing a new contract in a new market and expanding Biwater's portfolio in Africa

Surrey, UK - 24 Decemember 2015

Ahead of the New Year, Biwater have signed a US $152m contract with the Cameroon Water Utilities Corporation (Camwater) to refurbish and extend water supply infrastructure to address acute ongoing potable water shortages.

Included in the project scope is the design, build/refurbishment and extension of potable water production, storage and distribution infrastructure across 14 locations in Central and Southern Cameroon. In conjunction with the project, Biwater will also be delivering a water asset management (WAM) programme, which will include training and skills transfer, to improve network efficiencies and project sustainability.

Commenting on the contact award, Giles Jackson, Regional Director for Africa, said, "We are delighted to share news of this contract award in a new and important market ahead of the New Year. This turnkey project will see both urban and rural areas across the Cameroon benefit from network enhancements, plant refurbishments and the construction of new water infrastructure."

An Export Credit financial package is being arranged by Biwater to cover the entire project, subject to the necessary due diligence.

-Ends-

Contact:
Hayley Thompson
Communication and Marketing Manager
Office: +44 (0)1306 746169
Cell: +44 (0)7867 456986
Email: hayley.thompson@biwater.com

About Biwater:
Biwater provides large-scale water and wastewater solutions for clients across the world. Since its inception in 1968, Biwater has gained recognition for its innovative approaches aimed at overcoming the world's most pressing water-related challenges. Throughout its history, the company has grown to meet the demands of many water-stressed countries and their burgeoning populations. It has a successful record of accomplishment, having completed over 25,000 projects in over 90 countries - financing, consulting, process engineering, designing, constructing, operating, maintaining and owning water facilities - in both rural and urban environments.

Africa:
Biwater, through its Group and acquired companies, have been involved in over 300 water infrastructure and construction projects within the African continent over a period of 80 years, with the first regional project being recorded in Egypt in 1932. Since this time, Biwater have been bringing the benefits of water infrastructure solutions and project finance to countries right across Africa, gaining an unparalleled track record.

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© Press Release 2015