Metito Utilities has announced a $150 million expansion into China, establishing a regional headquarters in Dalian and developing crucial water infrastructure projects to support the country's growing industrial hubs.

Information on the Target

Metito Utilities is a leading global investor, developer, and operator specializing in sustainable water management solutions and climate-resilient water assets. With a strong presence in the water sector, the company has announced its significant expansion into China by establishing a regional headquarters in Dalian, Liaoning Province. This move includes a major agreement with the Administrative Committee of Dalian Changxing Island Economic and Technological Development Zone to develop crucial water infrastructure on Xizhong Island, a vital hub for integrated refining and chemical production.

The initial investment made by Metito Utilities amounts to $20 million for its Dalian headquarters, coupled with a commitment of approximately $150 million towards large-scale water infrastructure projects. This expansion reaffirms Metito Utilities’ dedication to sustainable water solutions in key global markets after a six-year hiatus from the Chinese market.

Industry Overview in China

China's water infrastructure sector is experiencing significant growth, driven by the rapid industrialization of regions like Liaoning Province. The demand for reliable and sustainable water supply is critical as the country pursues ambitious industrial production targets. Nota