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Tuesday, 2 June 2020

Canada’s Stantec selected to lead EUR 456.5 mn Fayoum wastewater expansion project

The Egyptian Holding Company for Water and Wastewater has tapped Canadian design and consulting services firm Stantec to lead the EUR 456 mn upgrade and expansion of sewage and wastewater systems in Fayoum, according to a company statement. The project is set to expand sewage access to 86% from 32.6% in Fayoum through the construction of four new wastewater treatment plants, the expansion of seven, and repair of 10. Financing for the project will be provided through a EUR 186 mn contribution from the European Bank for Reconstruction and Development and co-financed by the European Investment Bank, which will contribute EUR 172 mn, the European Union’s Neighbourhood Investment Facility, and the Egyptian government.

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