PARIS (Veolia press release) — On the occasion of the State visit to France of the President of the Republic of Uzbekistan Shavkat Mirzioïev, Veolia signed today a agreement for the modernization of the drinking water production and distribution as well as wastewater service of the Uzbek capital, Tashkent.

As part of this agreement, Veolia and the Republic of Uzbekistan will work exclusively together to define the future affermage contract for water supply and sanitation for the entire Uzbek capital, which today nearly counts with 3 mln inhabitants. Following the discussions, Veolia will be entrusted for 25 years with the management of the production and distribution facilities for drinking water and wastewater treatment, the development and improvement of the water distribution network in Tashkent, and the monitoring of network modernization investments in connection with the authorities. This new contract would take effect on the first half of 2019 and would represent a cumulative turnover of 1.5 billion euros.

With nearly 169,000 employees worldwide, Veolia designs and provides water, waste and energy management solutions. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2017, the Veolia group supplied 96 mln people with drinking water and 62 mln people with wastewater service, produced nearly 55 mln MWh of energy and converted 47 mln metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €25.12 bln in 2017 ($30.1 bln).