IBT of Miami's parent company to build $46 million water treatment project in Sri Lanka

MIAMI - Sept. 17, 2018 - PRLog -- IBT of Miami announced its parent company was selected to build a water treatment and distribution system that will supply drinking water to more than 81,000 people in rural Sri Lanka.

Eurofinsa, the principal shareholder of IBT of Miami, won the $46 million infrastructure contract. Partly financed by the government of Spain, the project is just a portion 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.

"At present, the supply of potable water in Sri Lanka is practically non-existent. The water purification project built by Eurofinsa will positively contribute to the social and economic development of the region, will optimize the existing water resources and guarantee a water supply in a sustainable and respectful way," said Daniel Toledano, managing director and chief operating officer of IBT of Miami.

Eurofinsa, a Spanish multinational group specialized in the development of public infrastructure, will carry out the project across 125 localities near the Inginimitiya Reservoir. Besides building the water treatment plants, it will lay 328 kilometers of underground pipes that will deliver 11,000 cubic meters of potable water daily. Formerly known as Ceylon, Sri Lanka is one of the world's largest producers of tea.

To guarantee continuity once the project is complete, Eurofinsa has developed a program to train qualified personnel in the areas of administration and management, operation and maintenance of the facilities, and compliance with sanitary regulations for water purification.

IBT is a business group specialized in the development of public works, implementation of construction projects and equipment for public institutions. Its solutions are comprehensive and range from engineering, studies, design and construction; to the sale, delivery and installation of equipment with its subsequent training, maintenance and operation. More than 30 years of global experience in the construction world supports the solidity and technical knowledge of IBT, allowing the company to offer the highest quality standards for each project, contribute to development and progress, and respect the environment in a framework of constant innovation. Its headquarters is in Miami in addition to permanent local offices on four continents. The group's staff comprises more than 4,500 employees. For more information, visit https://www.ibtgroup.com.