Egypt opts to grow desalination plant
Egypt's cabinet economic committee, under prime minister Sherif Ismail, has agreed to provide the funds required to complete expansion in works and production capacity at a seawater desalination plant in Hurghada.Up to EGP 265 million (US$ 33.8 million) will be provided for the project in two tranches. This year EGP 100 million (US$ 12.8 million) will be released with EGP 165 million (US$ 21 million) offered to complete of the project
The cabinet committee identified the General Authority for Investment to be entrusted with setting up companies and establishments.
The committee called on the Ministry of Investment to enable the one-stop-window in all governorates to attract more investment and speed up the development process nationwide.