Egypt plans to establish $4.7bln clean water projects

Getty Images

The government plans to implement 30 water security schemes

Staff Writer, Zawya Projects

November 1, 2023

PHOTO

Egypt plans to establish clean water projects worth $4.741 billion, said Minister of International Cooperation Rania Al-Mashat.

The ministry aims to implement 30 water security projects, accounting for 19.5 percent of the overall official development aid portfolio, Egypt Today newspaper reported, citing the minister’s speech at a water investment forum.

The projects include nine initiatives for the Ministry of Irrigation and 21 initiatives for the Ministry of Housing, Al-Mashat added.

(Writing by P Deol; Editing by Anoop Menon)

(anoop.menon@lseg.com)

Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.