ArabFinance: El Saeed Contracting and Real Estate Investment Company has been awarded a contract worth EGP 270 million to build a water desalination station in Luxor, according to a January 14th disclosure.
The plant is expected to have a production capacity of 17,000 cubic meters per day, the statement noted.
El Saeed Contracting did not reveal further details about the timeframe of the development.
The Egyptian government has allocated EGP 2.86 billion to implement 174 different projects in Luxor during fiscal year 2020/2021.
El Saeed Contracting won another deal worth EGP 190 million last November to carry out a project in Qena.