Main

Mitsui to Participate in Water Supply Project and Wastewater Treatment Project in Queretaro State, Mexico

May 25, 2007


Main Contents

Mitsui & Co. Ltd., through Mitsui & Co. (U.S.A.), Inc., received an award for a Water Supply Project (Total Project Amount: 2,854 million Mex. Peso, Period: 20years) and a Wastewater Treatment Project (Total Project Amount: 374 Mil Mex. Peso, Period: 20years) in Queretaro State, Mexico, from the State Water Commission of Queretaro.

Queretaro State is suffering from water supply shortage due to its location which is at high attitude in the middle of Mexico and due to a growing water demand by its increasing population as a satellite city of Mexico City.  Under these circumstances, the expansion and modernization of its water supply system and wastewater treatment system need to be completed as soon as possible.
The proposed projects aim to provide approximately 50 million cubic meters per year, which is 75% of the current supply volume in Queretaro State and cover the shortfall of the current capacity of wastewater treatment system.
By taking up these projects, Mitsui wishes to contribute to the establishment of vital social infrastructure in this region.

Recently, the problems related to water supply and wastewater treatment are getting more serious around the world.  Keeping and obtaining safe and enough water are indispensable to people's welfare and continuous economic growth.
Mitsui is set to contribute in the building of sound water infrastructures as part of its core business fields and plans to continue pursuing this business proactively.
Mitsui strongly believe that it can play a significant role in this business area through the optimum use of private resources and cutting-edge technologies.

1: Map

Map Note: Mitsui is executing Wastewater Recycling Project for the government-owned oil company (PEMEX) at their five refineries in Tula, Cadereyta, Madero, Minatitlan and Salina Cruz.

2: Projects Summary

1. Water Supply Project

Project Summary Project Company to take the water and deliver it to the purification plant through the facilities below which the Project Company construct and purify it and delivery the purified water to the State Water Commission of Queretaro.
State Water Commission to distribute the purified water to each end user.
Project Period For 20 years (Construction for 26 months and operation for 214months)
Project Amount 2,854 million Mexican Peso (Approx. 262 million US Dollars)
Facilities Dam
Pump Station (2 units)
Tunnel for water transportation (4.8km)
Pipe line for water transportation (84km)
Purification plant (1.5m3/sec)
Water storage tank
Shareholders Mitsui's subsidiary : 26%
(Servicios de Agua Trident, S.A. de C.V.)
ICA (1) group : 37%
FCC (2) group : 26%
Proactiva (3) : 11%

1 : Empresas ICA, S.A. de C.V.
2 : Fomento de Construcciones y Contratas S.A.
3 : Proactiva Medio Ambiente Mexico, S.A. de C.V.

2. Wastewater Treatment Project

Project Summary The Project Company to collect the wastewater from the State Water Commission of Queretaro and delivery it to their wastewater treatment plant through the facilities below which the Project Company construct for the Project and treat the wastewater and deliver the treated water to the State Water Commission of Queretaro.
The State Water Commission of Queretaro to dispose the treated water to the river by themselves.
Project Period For 20 years (Construction for 24 months and operation for 216 months)
Project Amount 371.11 Mil Mex. Peso 9Approx. 36 Mil US Dollars)
Facility Pipeline for collection of wastewater (17km)
Purification plant (750 litters per sec)
Pipeline for treated water (5.4km)
Shareholders Mitsui's subsidiary : 50%
(Servicios de Agua Trident, S.A. de C.V.)
Earth Tech Mexico (4) : 50%

4 : Earth Tech Mexico, S.A. de C.V.

Notice:
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

Information

For inquiries on this matter, please contact

Mitsui & Co., Ltd.
Corporate Communications Division
Telephone: +81-3-3285-7596
Facsimile: +81-3-3285-9819