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Singapore firm selected for Egypt water and power project

Singapore firm selected for Egypt water and power project copy

Bloomberg

Singapore-based Hyflux has been selected to build the Ain Sokhna integrated desalination and power project in Egypt.
Hyflux has received a letter of intent from the General Authority for the Suez Canal Economic Zone (SCZone) for a $500m EPC contract for the plant, which will have a desalinated water production capacity of 150,000 cubic metres a day (cm/d). The plant will be powered by a 457MW combined-cycle gas turbine power plant.
Hyflux will also receive a 25 year operation and maintenance contract for the plant.
Egypt is planning to undertake a number of desalination projects in an effort to meet the growing water demands of its population and reduce pressure on Nile resources.
A number of these are planned to be procured through public-private partnerships (PPPs) by the country’s PPP Central Unit.
The government PPP body is planning to press ahead with approximately EG20bn ($2.5bn) worth of projects across a number of sectors including desalination and sewage
Egypt’s Central Partnership Unit (PPP) is set to launch 12 projects in 2016, according to the unit’s head Atter Hanoura. The government unit says it will press ahead with approximately EG20bn ($2.5bn) worth of projects across a number of sectors, including desalination and sewage.

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