EGYPT: Cairo approves $18m from KFAED for 2 desalination plants in Sinai – Egypt The $18 million loan recently approved by Egyptian President Abdel Fattah al-Sissi is intended for the construction of seawater desalination plants to supply drinking water to two new towns in the North Sinai governorate. The Egyptian government wants to build a desalination plant in Rafah, a city that Cairo decided to raze in 2015 to build a new one to extend a security buffer between Egypt and the Gaza Strip. This real estate project is highly strategic, as Rafah is the only crossing point between Egypt and the [âŠ] EGYPT: Cairo approves $18m from KFAED for 2 desalination plants in Sinai – EgyptHIWI042021-08-11T14:34:40+02:00
World Bank to provide $1B grants for Sinai development – Sinai – Egypt The World Bank commission in charge of following up with the Sinai Integrated Development Programme headed by Ashish Khanna and Minister of Investment and International Cooperation Sahar Nasr discussed on Sunday finalizing the measures necessary for $1B grants. The ministry also secured financing in the value of $2.5 billion from the Saudi Development Fund, the Kuwait Fund for the Arab Economic Development, and the Arab Fund for Economic and Social Development. (LINK). World Bank to provide $1B grants for Sinai development – Sinai – EgyptHIWI042018-09-21T19:10:54+02:00
Five new Desalination Plant for South Sinai – Egypt ⊠According to a statement released by the Ministry of Investment, the South Sinai development projects are worth about $947m, including the establishment of seven Bedouin communities, seven agricultural zones, Al Tur University, five water desalination plants, and the development of Oyoun Mousa-Sharm El-Sheikh Road and Al Tur fishing port. ⊠(LINK) Five new Desalination Plant for South Sinai – EgyptDME GmbH2017-10-10T11:25:27+02:00