Egypt’s ECC, Hungary’s Organica Technologiak announce wastewater partnership

Picking up where we left off last week, Egypt’s ECC and Hungary’s Organica Technologiak have confirmed media reports they are forming a joint venture named ECC-Aquatech Co. to pursue opportunities in Egypt’s wastewater sector. The two companies said in a joint statement (pdf) that “The new company will establish a water treatment plant in Egypt with an investment value of EGP 157 mn in cooperation with the Military Operations Department of the Engineering Authority,” quoting ECC Chairman Omar Attaby. ECC is an Attaby Group company.