Egyptian company to invest $15 million on Harare city’s prepaid water meters

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AN Egyptian Company, El Sewedy Electrometer, wants to invest about $15 million in the manufacture of domestic and commercial prepaid water meters for the city of Harare.
The council, last year, rolled out a pilot programme with initial water meters being installed in the Avenues, central business district, industrial area and selected suburbs.
Senior managers, together with the City Fathers, also volunteered to have prepaid water meters installed at their properties.  
According to the City Council, prepaid water meters will do away with billing costs and accumulated water bills as residents will pay for water they use only and usher in a sense of responsibility.
Briefing the city officials who toured the Electrometer firm premises recently in Cairo, company chairman, Ahmed Sewedy, said his firm will create over 200 direct jobs for locals in Harare excluding those in the value chain.
“We are aiming to have a base in Harare before the end of this year,” Sewedy told the officials.
“We have 10 factories in different parts of the world and we have over 20 million prepaid water meters in over 46 countries.
“We have the capacity to produce five million meters every year. Our meters cost between US$120 and US$150,” he added.
Following the recent enactment of the City’s investment policy, Harare is taking bold steps to woo investors and create employment.
Deputy Mayor, Cllr Enock Mupamawonde, led the team of city officials to Cairo to assess the standing of a company interested in investing in Harare. He expressed satisfaction with the capacity of El Sewedy Electrometer.
“…We are satisfied. Once the plant is set in Harare, it will go a long way in transforming our revenue collection, growth and service delivery,” he said.
Director of Harare Water, Engineer Hosea Chisango, said he was happy with the quality and specifications of the meters.
He said council was worried by its failure to collect all the water revenue from consumers.
“We will be able to collect more revenue with prepaid meters,” he said.
There are over 250 000 properties in Harare requiring prepaid water meters.
Council is preparing for the rollout of prepaid water with the programme expected to begin end of July.