A view of work around an 84-metre well being dug to draw seawater that will be desalinated using solar power at the resort area of Marsa Shagra near Marsa Alam on Egypt's southern Red Sea coastline, Egypt, October 18, 2021.A view of work around an 84-metre well being dug to draw seawater that will be desalinated using solar power at the resort area of Marsa Shagra near Marsa Alam on Egypt's southern Red Sea coastline, Egypt, October 18, 2021.
Egypt depends almost entirely on the Nile for fresh water and faces rising water scarcity for its population of 104 million. The desalination programme aims to generate 3.3 million cubic metres of water daily in the first phase, and eventually reach 8.8 million cubic metres daily at a cost of $8 billion.
It is currently focused on getting private consortia to develop brownfield infrastructure, and private equity to develop state-owned enterprises ahead of public listings. Soliman said a state ownership policy that is meant to map out which parts of the economy are open to private investment would serve as the government’s “economic constitution” going forward, and as a platform to crowd in private investment despite the rising cost of capital.
Look what a criminal government is doing in comparison with ours.
while our government gains kilo's of fat for status.
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