Housing Ministry issues rural sanitation projects tender in Sharkiya

The Housing Ministry has launched a local tender for a number of rural sanitation projects in Sharqiya, funded by a USD 550 mn World Bank loan, Housing Ministry Senior Undersecretary Rania Al Menshawi tells Al Mal. The project aims to upgrade sanitation services in more than 150 villages around Egyptian governorates. The contractor awarded will be required to pay 5% insurance on the contract’s total value, according to Housing Minister’s technical advisor Sayed Ismail. Egypt and the World Bank had signed an agreement on Tuesday to begin the second USD 600 mn phase of the project’s implementation, which will be co-financed by the Asian Infrastructure Investment Bank.