Egypt plans to launch 12 PPP projects in 2016

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Egypt plans to launch 12 PPP projects in 2016

Atter Hanoura, Head of the Egyptian Ministry of Finance's Central Partnership Unit, has announced plans to carry out a total of 12 infrastructure projects through PPP model in 2016.

According to Hanoura, the projects will mean investments estimated at EGP16 billion (US$2 billion) and EGP20 billion (US$2.55 billion).

The PPP plan will include, among others, the development of four major sports stadiums, a waste treatment plant, desalination plants, as well as sewage plants in Alexandria.

The government has also revealed that a new project will be announced in October and two desalination plants projects will be announced by the end of this month. In addition to this, new details about the Safaga Port PPP project will be announced in December.

We have recently reported that a consortium composed of Orascom Construction Industries (OCIC), Veolia and Aqualia won the Abu Rawash wastewater treatment plant PPP project in Egypt.  The project involves the development of a secondary treatment stage as well as raising the capacity of the existing primary treatment plant to 1.6 million m³/day.

In early 2015, Egyptian President Abdel Fattah el-Sisi announced that his government has plans to develop mechanisms to increase cooperation between the public and private sectors in order to deliver major infrastructure projects. Al-Sisi also mentioned that the government was working on reforming the laws that organise the public and private sectors, anti-corruptions laws and the pension system.

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