aqualia triumphs at New Cairo
- From: Vol 10, Issue 6 (June 2009)
- Category: General
- Region: Asia
- Country: Egypt
- Related Companies: ABC Bank, AMI Water, Aqualia, Banque Misr, Befesa, Emasesa, Ministry of Housing, Utilities, and Urban Development (MHUUD), National Bank of Egypt, National Societe Generale Bank, Orascom Construction Industries and Veolia Water
The Spanish-Egyptian consortium has netted Egypt's flagship wastewater PPP project. The strong pipeline of upcoming projects should provide unsuccessful bidders with another bite at the cherry.
A joint-venture of aqualia and Egypt's Orascom Construction Industries has been awarded an EGP2.646 billion ($475 million) contract to build, own and operate a 250,000m3/d wastewater treatment plant in New Cairo, on the outskirts of the city of Cairo.
The 20-year contract includes a 2-year construction period starting in the fourth quarter of 2009.
The client ...
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