Eurofinsa, the principal shareholder of IBT of Miami, has won a US$46 million infrastructure contract to build a water treatment and distribution system that will supply drinking water to more than 81,000 people in rural Sri Lanka.
Partly financed by the government of Spain, the project is part of a long-term plan by Sri Lanka’s Ministry of Water Supply and Drainage to guarantee the supply of drinking water to the country’s entire population of 21 million. The project is expected to be completed in 2020.