Egypt's PM discusses with IFC, EBRD officials cooperation in desalination - News Summed Up

Egypt's PM discusses with IFC, EBRD officials cooperation in desalination


CAIRO – 9 March 2021: Prime Minister Mostafa Madbouli met on Tuesday with officials from the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) to discuss potential cooperation in the sweater desalination field. The prime minister said that Egypt aims for cooperation with the two international organizations attracting private investments in the desalination sector. The government announced in August that within 18 months, 19 desalination plants worth a total of LE11 billion and whose total daily production is 550,000 cubic meters will be inaugurated. Egypt is expected to have 65 desalination plants distributed among six governorates that are Matrouh, South Sinai, Suez, Ismailiyah, North Sinai, and the Red Sea. North Sinai and South Sinai will be home to 21 and nine plants whose capacity per day is 20,000 cubic meters and 75,000 cubic meters, respectively.


Source: Egypt Today March 09, 2021 19:52 UTC



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