Investors and developers encouraged to tap Egypt water projects
Egypt’s water and waste water sector will need to double by 2015, offering a number of opportunities in the field according to research by Frost and Sullivan. A report by the analysts found that last year the sector earned revenues of US $1.35 billion, and estimates that value to increase to $2.37 billion in 2015, […]
Egypt’s water and waste water sector will need to double by 2015, offering a number of opportunities in the field according to research by Frost and Sullivan.
A report by the analysts found that last year the sector earned revenues of US $1.35 billion, and estimates that value to increase to $2.37 billion in 2015, due to regional demand caused by reduced availability of freshwater supplies, which currently stands one eighth lower than the per person world average.
The projects are also spurred by a projected population increase on 12 million by 2015.
“The rising emphasis on the development of the water and wastewater sector due to the substantial infrastructure investments is expected to result in an increase in desalination capacity,” a statement from the analysts read.
“The government approved the public-private partnership (PPP) law in April 2010, and is expected to lay the foundation for privately financed and operated water projects in the waste water and desalination sectors.”
Government initiated programmes will see new water systems introduced in almost 5000 villages and extended sewer services in all urban areas, measures Frost and Sullivan say provide “ample scope for potential investors and developers in the sector”.
It is also expected that technology providers in the sector could form partnerships with consultants and engineering, procurement and construction (EPC) contractors that are offering cost-effective technologies.
