Investment Minister Sahar Nasr signed a USD 150 mn financing agreement with the African Development Bank (AfDB) yesterday that will help fund upgrades at the Abu Rawash sewage treatment facility, reports Al Mal. The upgrades, which aim to narrow the station’s environmental impact and help preserve water resources, will be carried by Orascom Construction and Aqualia JV Orasqualia over a 36-month period. The company will responsible for managing the facility and conducting maintenance work under a three-year EPC+finance contract.

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