RWL Water unveils desalination deal Egypt
RWL Water and Orascom Construction have signed a memorandum of understanding with the Egyptian government to proceed with a feasibility study for building, financing and operating the first large desalination plant in Egypt for the supply of potable water.The build-own-transfer project will include the development of an 80 Ml/d plant with a possibility to increase its capacity in the future. The Egyptian government and the RWL Water/OCL consortium intend to enter into a water supply agreement after finalization of the study. RWL Water is the leading partner in the consortium.
"The signing of this MoU is the first step towards RWL Water's investment in this, and similar projects, in the MENA region," said president and chief executive officer of RWL Water, Global Operations, Henry Charrabé.
"We take our commitment to providing water solutions seriously. As soon as the agreement was signed, our work began and a dedicated team will be on the ground to proceed with the execution within days," said Karim Nasr, RWL Water's managing director in the Middle East.