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Thursday, 14 July 2016

Housing ministry to launch 25 desalination plants this year under PPP

The housing ministry is set to launch 25 desalination plants under a public-private partnership system in the governorates of Marsa Matrouh, Red Sea, North Sinai and South Sinai, Al Borsa reported on Wednesday. The Finance Ministry’s public-private partnerships unit and the Holding Company for Water and Wastewater had agreed to let the latter conduct a technical, financial and legal feasibility study on the project, with a tender to build the plants likely to take place during this year. The National Authority for Drinking Water and Sanitation had reportedly allocated more than 30% of the previous fiscal year’s budget, amounting to EGP 12 bn, to desalination plants, according to the Chairman of the National Authority for Drinking Water and Sanitation.

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