VOL. XLIV

No. 14

2-APRIL-2001

EGYPT

Egypt Signs MOU With Canadas SNC Lavalin For $283Mn BOOT Water Project

Egypt has signed a memorandum of understanding with the Canadian firm SNC Lavalin International Inc for the construction on a build, own, operate and transfer (BOOT) basis of a potable water plant estimated to cost E1.1bn ($285mn). SNC Lavalin won the tender from among six other international bidders. The initial capacity of the plant, to be built in 10 Ramadan City in the northwest sector...