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Utico to manage utility projects worth US$4 billion

Utico Middle East confirmed that it has won orders valued at over US$4 billion to manage utility projects across the GCC.

Richard Menezes, Utico's Executive Vice-Chairman and Managing Director, pointed out that the company was working with GCC governments and other related authorities on the implementation of several projects across the region.

Demand for water and power

"The continuous campaign by the Gulf states to improve and develop infrastructure is fuelling the demand for water and power across the region," said Menezes.

Utico will meet these growing demands for its services by investing in new regional offices, plants, service centres, training facilities and other infrastructure.