The executive board of Hafnarfjördur town council in Iceland’s capital region has agreed to issue a permit for beverage company GlacierWorld ehf. to bottle water from the local water spring area of Kaldárbotnar for export.
A bottling facility will be established at the harbor in Hafnarfjördur for the project, Fréttabladid reports.
“It is a good agreement,” said Mayor of Hafnarfjördur Lúdvík Geirsson, explaining that the project will deliver profits for the municipality. “The executives plan to launch the project in the latter part of next year. It will create jobs for dozens of people.”
Geirsson said the key issue of the agreement is that GlacierWorld will finance a water pipe from Kaldárbotnar to Hafnarfjördur harbor, which will belong to the town. The public will have access to water from the pipe although the bottling facility will take priority.
The agreement has yet to be accepted by the town council later this week.
GlacierWorld is owned by Global Research Investment (GRI), which is owned by investment funds in Dubai, Kuwait and Saudi Arabia. Water and water-based drinks bottled in Hafnarfjördur will be exported.