Desalination
Soliman added that the priority in terms of location goes to the Mediterranean coasts, followed by those lying on the Red Sea, then the Suez Canal.
Egyptian Prime Minister Mostafa Madbouly held a meeting Wednesday to review a proposal submitted by a Chinese company to utilize the water left over from seawater desalination projects to extract minerals.
The Sovereign Fund of Egypt (TSFE) prequalified 17 consortia to be invited to the tendering process of the development of a number of seawater desalination plants powered by renewable energy in different locations across Egypt.
Minister of Planning and Economic Development and Chairwoman of The Sovereign Fund of Egypt (TSFE) Hala El-Said attended Wednesday the signing ceremony.
The plant will be the largest in the Middle East.
As per the agreement, Scatec will build and operate the facility to produce green hydrogen with quantities ranging from 50 to 100 megawatts.
Prime Minister Mostafa Madbouli announced the news Wednesday during a conference titled "Builders of Egypt."
The loan, which was signed on November 23, 2020, totals 5.5 million Kuwaiti dinars (about US$ 18,27 million).
The meeting was also attended by the ministers of electricity and planning, deputy minister of housing for infrastructure, and the CEO of Egypt Sovereign Fund.
The prime minister said that Egypt aims for cooperation with the two international organizations attracting private investments in the desalination sector.
He added that the aim of the project is to cover citizens’ needs of drinking water.
The projects are constructed within a strategy to increase Egypt's water resources, and secure water for irrigation.
President revealed that the water desalination projects cost a total of EGP435 billion.
North Sinai Governor Mohamed Shousha announced on Tuesday that construction of the largest desalination plant in Africa and the Middle East has started.
During a meeting with EBRD Vice President Alain Pilloux, in the presence of International Cooperation Minister Rania el Mashaat, the premier hailed the current cooperation with the bank.
“Salam City” eastern Port Said is one of four cities that will be constructed on the shores of North Sinai.
South Sinai contemplates introducing water treatment plants operating in the Zero Liquid Discharge (ZLD) system.
There is a need for desalination plants having a total capacity of three million cubic meters daily.
President Abdel Fatah al-Sisi inaugurated on Saturday six housing projects and three water plants.
