Egypt

Fluence Signs Second Large Contract in Egypt – Egypt

Fluence Corporation Limited (asx:FLC) is pleased to announce that a partnership formed between its Egyptian joint venture The International Co. for Water Services & Infrastructure (IWSI) and Hassan Allam EPC has been awarded an EPC contract of US$74 million to design and construct a 40,000 m [3] /day seawater desalination plant, with infrastructure designed and built for a future capacity expansion to 80,000 m [3] /day.

In this custom engineered solution, through IWSI, Fluence will act as the technology provider, designing the process and supplying the pretreatment, reverse osmosis skids, post-treatment equipment and the start-up and commissioning of the plant for a total contract share of US$20 million. Hassan Allam EPC will provide the local works including the marine design and execution of the intake and outfall.

Saudi’s Acwa Power plans $3bn investment in Egypt – Egypt

Saudi-based Acwa Power, a major developer of power and water desalination projects, is set to invest around $3 billion in Egypt’s electricity projects during this year.

The utility developer has collaborated with Hassan Allam Holding Company to establish a 2.3-megawatt power plant in Luxor.

The power plant, being built at a cost of $2.3 billion, is expected to start the Phase One of the operation in the summer of 2022 and the full commercial operation in the summer of 2023.

Egypt signs MoU with Swiss company to build seawater desalination plants – Egypt

The Military Production Ministry’s Qaha Chemical Industries (Factory 270) and the Swiss company, AquaSwiss, signed on Wednesday a memorandum of understanding (MoU) to establish seawater desalination plants.

Minister of State for Military Production Mohammed Said al-Assar witnessed signing the agreement which stipulates enhancing cooperation between the two sides in treatment of sewage and industrial wastewater.

Saudi’s Swicorp, Spain’s Acciona deliver Bean Solar Park projects – Saudi Arabia

Three photovoltaic farms at Egypt’s 37km² Benban Solar Park have been assembled and are nearing operational readiness, following development completion by Spain’s Acciona Energía and Enara Bahrain, the renewable energy subsidiary of Saudi Arabia’s Swicorp.

The renewable energy parks have a combined electricity production capacity of 150MW and will eventually generate power for up to 150,000 homes.

Enara and Acciona Energía, the renewable energy subsidiary of Spanish contractor Acciona,will operate the parks under a joint venture (JV) agreement. Both firms will hold 50% stake in the projects, valued at $180m (SAR675m).

Private sector could help meet Egypt’s infrastructure needs: World Bank report – Egypt

Egypt will require $675 billion of investment over the next 20 years to meet its infrastructure needs, according to the G20 group of countries’ Global Infrastructure Outlook.

And while the government could afford around two-thirds of that amount, some $230 billion would still be missing, a recent World Bank report showed.

Improving infrastructure is seen as important to provide access to jobs, markets and basic services. It is also essential for the efficient movement of goods and services, which could ensure less waste, lower costs and could bolster Egypt’s export potential.

Egypt’s new administrative capital getting its own ‘Nile’ – Egypt

Egypt is racing against time to build a river in the middle of the desert, to go with the new administrative capital it is working on about 30 miles (45 kilometers) east of Cairo.

On Jan. 14, Prime Minister Mostafa Madbouly attended the construction launch of the Green River project, worth 9 billion Egyptian pounds ($501.8 million), in the $45 billion new administrative capital. Seven construction companies are working on the project, which involves hundreds of workers.

Madbouly said during the ceremony that the man-made river will link a series of the new administrative capital’s “smart,” modern neighborhoods and will feature a chain of gardens making up one of the most distinctive botanical parks in the world.

Egypt wins $131m Kuwait funding for desal projects – Egypt

Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country.

The duo also signed another loan deal under which the Kuwait Fund would present an additional loan worth KD25 million ($85 million) to the Egyptian government for development works.

Details of housing projects, water plants inaugurated by Sisi – Egypt

President Abdel Fatah al-Sisi inaugurated on Saturday six housing projects and three water plants. The president visited Mahrousa 1 social housing project in Al Jabal Al Asfar in Daqahliyah governorate, which is part of Greater Cairo, while inaugurated the rest via video conference.

The other social housing projects are located in Al Asher Min Ramadan City, New October City, and 3,348 residential units in Cairo’s Badr City, and South Sinai. That is in addition to Ahalina 1 social housing project in Salam city in Cairo.

Egypt signs 2 water system deals worth EGP2.2 billion with Kuwaiti Fund – Egypt

Egypt and the Kuwait Fund for Arab Economic Development signed two agreements on Saturday to establish an EGP 1.4 billion water system in Bahr Al-Bakr and to finance four desalination plants in South Sinai governorate for EGP 880.5 million.

The signing comes on the sidelines of the Africa 2018 forum taking place in the Red Sea resort city of Sharm el-Sheikh.

Water projects implemented in N. Sinai worth LE533M – Egypt

The National Authority For Potable Water and Sewage has implemented a number of projects worth LE 533 million in North Sinai.

Work is underway to establish other projects at a total cost of about four billion pounds, said Alaa Ibrahim, the head of the executive office of the authority Tuesday.

Two desalination plants have already been established in Arish at a total cost of LE 175 million , Ibrahim said.

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