Under the leadership of Chairman and CEO Efrat Peled, Arison Investments’ wholly owned water company Miya, won a water efficiency project estimated at $90 million in the Bahamas. Miya’s global team works to improve water efficiency of large urban distribution systems, and is involved in large-scale NRW operations worldwide. In the Bahamas, within five years, Miya will lead to savings of three million gallons of fresh water daily. The signing ceremony of the Bahamas water efficiency project was held in the presence of the Bahamas Prime Minister, Arison Investments executive management, Miya management, the Bahamas Water and Sewerage Company and the Israel Embassy. Miya's established project in Manila, saves 600 million liters of fresh water daily, and the project will bring continuous reliable 24/7 water supply to 2.6 million residents upon completion of the project.