{"id":557707,"date":"2021-09-29T04:00:19","date_gmt":"2021-09-29T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/are-these-the-partners-youre-looking-for\/"},"modified":"2021-09-29T04:00:19","modified_gmt":"2021-09-29T04:00:19","slug":"are-these-the-partners-youre-looking-for","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/are-these-the-partners-youre-looking-for\/","title":{"rendered":"Are these the partners you\u2019re looking for?"},"content":{"rendered":"

<\/a> OC, Hassan Allam in talks with SFE for desalination projects -sources:<\/strong> Orascom Construction and Hassan Allam Holding are in early talks with the Sovereign Fund of Egypt (SFE) for contracts to build several new desalination plants, unnamed sources told Al Mal<\/a>. Enterprise was unable to get comment from the parties involved to confirm the news.<\/p>\n

The wealth fund is looking for local and international partners to build 17 new desalination plants at a total sticker price of about USD 2.5 bn<\/strong>, SFE head Ayman Soliman told Bloomberg<\/a> last month. The SFE would take a minority stake in each of the 17 plants alongside its private sector partners, he said, without revealing how much the fund would contribute to the projects. Expect contractors to be responsible for bringing financing for the plants.<\/p>\n

This is part of the Sisi administration\u2019s drive to enhance water security by stepping up investment in desalination capacity.<\/strong> Egypt is spending some EGP 134 bn through 2050<\/a> to build desalination plants that would give us 6.4 mn cubic meters of potable water per day. The 17 plants will produce a combined 2.8 mn cbm\/d of water by 2025, Soliman said. The news comes as Egypt grapples with the prospect of a water shortage thanks to both climate change and the impact of the Grand Ethiopian Renaissance Dam.<\/p>\n

This comes only one day after Egypt inaugurated the world\u2019s largest wastewater treatment plant<\/strong>, the Bahr El Baqar wastewater treatment plant<\/a>, which will treat around 5.6 mn cbm\/d of water, which then will be used to irrigate agricultural land in Sinai. We have more on this in this week\u2019s Hardhat feature, below.<\/p>\n

OTHER INFRASTRUCTURE NEWS-<\/strong><\/p>\n

India, Pakistan and the Arabian Gulf will now be receiving 2Africa coverage<\/strong>, making it the largest subsea cable in the world.<\/strong> The 2Africa subsea cable being installed by a consortium of global telecoms firms comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone and WIOCC will soon see new segments<\/a> added that will extend to the Arabian Gulf, India, and Pakistan, according to a press release.<\/a> The group\u2019s most recent announcement sets the full length of the subsea cable to 45k-km, up from last month\u2019s announcement<\/a> that the 37k-km spanning cable would see new connections extended to the Seychelles, the Comoros, Angola and Nigeria.<\/p>\n","protected":false},"excerpt":{"rendered":"

OC, Hassan Allam in talks with SFE for desalination projects -sources: Orascom Construction and Hassan Allam Holding are in early talks with the Sovereign Fund of Egypt (SFE) for contracts to build several new desalination plants, unnamed sources told Al Mal. Enterprise was unable to get comment from the parties involved to confirm the news. […]<\/p>\n","protected":false},"author":1,"featured_media":557708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[72,890,7111,363,370,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-enterpriseam","tag-hassan-allam-holding","tag-infrastructure","tag-orascom-construction","tag-sovereign-fund-of-egypt","tag-water","wpautop","entry"],"acf":{"mongo_id":"7dd7435c-016c-432b-8436-8ee56589f64e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/391.jpg","photo_position":"above","related_issue":[557701],"teaser":"","voice_url":""},"yoast_head":"\nAre these the partners you\u2019re looking for? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/are-these-the-partners-youre-looking-for\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are these the partners you\u2019re looking for?\" \/>\n<meta property=\"og:description\" content=\"OC, Hassan Allam in talks with SFE for desalination projects -sources: Orascom Construction and Hassan Allam Holding are in early talks with the Sovereign Fund of Egypt (SFE) for contracts to build several new desalination plants, unnamed sources told Al Mal. Enterprise was unable to get comment from the parties involved to confirm the news. 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ACWA Power denied the report when contacted by\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/60.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/gulf-sovereign-funds-are-bidding-for-egypt-desalination-plants\/","url_meta":{"origin":557707,"position":2},"title":"Gulf sovereign funds are bidding for Egypt desalination plants","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"Gulf sovereign wealth funds are among 28 bidders vying for contracts to build the 21 desalinationplants the government is tendering to the private sector, Atter Hannoura, director of the Finance Ministry\u2019s PPP unit, told Enterprise. Subsidiaries of the wealth funds have submitted bids as part of consortiums with other local\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584398,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/30\/well-know-whos-bidding-in-the-upcoming-desalination-tenders-in-the-next-10-days-plus-alex-metro-tender-winners-announced-in-2-weeks\/","url_meta":{"origin":557707,"position":3},"title":"We\u2019ll know who\u2019s bidding in the upcoming desalination tenders in the next 10 days. PLUS: Alex Metro tender winners announced in 2 weeks.","author":"enterpriseam admin","date":"30 March 2023","format":false,"excerpt":"Up to four plants will be tendered in June + gov\u2019t mulling more PPPs in water, sewage and electricity distribution","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/680.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543773,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/metito-scatec-oc-eye-usd-1-5-bn-desalination-facility\/","url_meta":{"origin":557707,"position":4},"title":"Metito, Scatec, OC eye USD 1.5 bn desalination facility","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"USD 1.5 bn solar-powered desalination plant in the works? A consortium made up of UAE-based Metito Holdings, Scatec Solar, and Orascom Construction (OC) is in talks with Egyptian authorities to build a USD 1.5 bn water desalination plant that would be powered entirely using renewables, Metito Africa Managing Director Karim\u2026","rel":"","context":"In "INFRASTRUCTURE WATCH"","block_context":{"text":"INFRASTRUCTURE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/infrastructure-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564256,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/19\/sfe-lining-up-usd-2-5-bn-in-private-sector-investment-for-desalination-plants\/","url_meta":{"origin":557707,"position":5},"title":"SFE lining up USD 2.5 bn in private-sector investment for desalination plants","author":"enterpriseam admin","date":"19 August 2021","format":false,"excerpt":"SMART POLICY- The Sovereign Fund of Egypt (SFE) is looking to do with desalination what Egypt did last decade with electricity and natural gas as it seeks private-sector partners to build and run 17 new desalination plants at an aggregate cost of about USD 2.5 bn. The news comes as\u2026","rel":"","context":"In "SPEED ROUND: INFRASTRUCTURE"","block_context":{"text":"SPEED ROUND: INFRASTRUCTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557707"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557707\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557701"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557708"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557707"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557707"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}