Egyptian Minister of Planning, Economic Development and International Co-operation Rania al Mashat Sunday discussed with international financial institutions and development partners prospects of expanding investments in desalination projects and developing sustainable infrastructure for the sector.
This came during a meeting held in line with directives from Prime Minister Moustafa Madbouli and as part of national efforts to expand water desalination projects in partnership with the private sector, support sustainable water resources management, and enhance climate change adaptation.
Mashat said the meeting reviewed joint efforts between the Ministry of Planning, Economic Development and International Cooperation and development partners to provide concessional financing and technical assistance for water desalination projects in Egypt.
The meeting addressed ACWA Power’s plans to expand its desalination investments, increasing private-sector participation in the water sector, and stimulating public-private partnerships.
She stressed the importance of water desalination and treatment projects in Egypt as a key necessity within the state’s vision to strengthen sustainable water resources management, noting that the water sector represents a major pillar of cooperation with international institutions and development partners through the NWFE platform.
The government provides comprehensive support to the private sector to increase investments in vital sectors, including water, and to strengthen partnerships between the private sector and international financial institutions through technical assistance and concessional financing, Mashat went on to say.
