The National Water Commission has signed a co-management agreement with the Israeli based Miya company to help it save billions of dollars in lost revenue each year.

The NWC hopes to save $29-billion in what it calls ‘non revenue water’ over the next five years.

Non-revenue water refers to theft as well as leaks from which the NWC gets no money.

Prime Minister Portia Simpson Miller, says the deal with the Israeli company will help to dramatically reduce wasted or stolen water.

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The deal with Miya will cost an estimated $5-Billion over five years.

It will be funded by the Inter-American Development Bank.

The Prime Minister says it represents a win win for the nation as the contract is entirely performance based.

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