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Hyflux to deliver Ain Sokhna IWWP under BOT/BOO

Jan. 11, 2017

The 150,000 m3/day integrated water and power project being developed in Ain Sokhna, Egypt will now be developed on a BOT and BOO contract basis...

Tom Freyberg

Content Dam Ww Online Articles 2017 01 Hyflux Egypt

SINGAPORE – The 150,000 m3/day integrated water and power project being developed in Ain Sokhna, Egypt will now be developed on a BOT (Build-Operate-Transfer) and BOO (Build-Own-Operate) basis.

This follows a request from the General Authority for Suez Canal Economic Zone, which originally awarded Singapore firm Hyflux the contract on an engineering, procurement and construction basis (read story).

The change is not expected to have a material financial impact on Hyflux for the financial year ending 31 December 2017.

In a statement, Hyflux said it has identified partners to develop the US$500 million project and will continue to discuss the investment terms with SCZone.

As well as the desalination plant, an on-site 457 MW combined cycle gas turbine power plant will be constructed to generate power and supply electricity to the desalination plant, with excess power to be sent to the grid.

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About the Author

Tom Freyberg

Tom Freyberg is an experienced environmental journalist, having worked across a variety of business-to-business titles. Since joining Pennwell in 2010, he has been influential in developing international partnerships for the water brand and has overseen digital developments, including 360 degree video case studies. He has interviewed high level figures, including NYSE CEO’s and Environmental Ministers. A known figure in the global water industry, Tom has chaired and spoken at conferences around the world, from Helsinki, to London and Singapore. An English graduate from Exeter University, Tom completed his PMA journalism training in London.