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Singapore-based Hyflux plans to construct a new Integrated Water and Power Project in the Suez Canal. Both the 150,000 m3/day desalination plant and the 457 MW power facility will serve a new economic zone created alongside the New Suez Canal inaugurated in August 2015.
The IWPP award marks a positive development amid Egypt’s currency crisis that has bottlenecked its municipal water PPP program. Bluefield water experts analyze Hyflux’s strategy and the impact on Egypt’s PPP pipeline.