The Sovereign Fund of Egypt has started bids on the contract for the development of desalination plants powered by renewable energy sources, reported MEED. The contract bids by the prequalified companies are to be received by Sept. 22.
This project aims to acquire up to 3.8 million cubic meters per day of water desalination capacity over the next two years which falls in tandem with Egypt’s long-term water strategy plan of procuring 100 water desalination plants by 2050.
A study on the environmental effects of developing an industrial complex for ferroalloys is being carried out in Egypt. It has been reported that the $1 billion Arab Alloys project will cover an area of 40,000 square meters in Egypt’s Suez Canal Economic Zone and take a full five years to be completed.