The General Authority for the Suez Canal Economic Zone (SCZone) and the European Bank for Reconstruction and Development (EBRD) signed Sunday a consultancy services agreement for the seawater desalination project in Ain Sokhna.
The agreement was signed by Walid Gamal El Din, Chairman of the SCZone, and Khaled Hamza, Director of the EBRD office in Egypt.
The signing was witnessed by Egypt’s Prime Minister Mostafa Madbouly, on the sidelines of the roundtable included the Egyptian government, representatives from multilateral development banks, financial institutions, UN agencies, bilateral partners, and the private sector to discuss the progress made within Egypt's Country Platform for the Nexus of Water, Food and Energy (NWFE) program, which was launched in July 2022. The roundtable included the launch of the first NWFE Program Report Titled “A Year of Implementation”.
Under the agreement, the EBRD provides advisory services to govern the selection procedures of the global consulting offices that will prepare documents for issuing a limited tender to the local, regional and international private sector for a project to design, build, manage, maintain and operate the seawater desalination plant in Ain Sokhna with a production capacity ranging between 200 and 300 thousand cubic meters per day as a first stage, in addition to participating in confirming the validity of all negotiation and award procedures, to confirm the soundness of the project procedures and the ability to provide the external financing required for its implementation.
The agreement also includes conducting the necessary legal, technical and environmental studies to implement the project by specialized consultants, with the European Bank for Reconstruction and Development, in its capacity as general consultant, undertaking the process of selecting consultants.