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.
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 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.
Hyflux, the Singapore-headquartered global developer and operator of power and water plants, announced on Tuesday that it has been served a termination notice for a sea water desalination project in Algeria.
The 200,000 cubic metres per day (m3/day) plant, Hyflux’s first water treatment project in the Middle East, was developed in a joint venture with the state-owned Algeria Energy Company (AEC) and Malaysia’s Malakoff Berhad, according to the company’s website.
The construction works of the seawater desalination plant in Zarat (Gabes) will start by the end of 2018 and the station will be commissioned at the beginning of 2021, announced CEO of the National Water Distribution Utility (SONEDE) Mesbah Helali.