EIB agrees €120m financing for Egyptian wastewater project
The European Investment Bank has signed a financing agreement of €120 million with Egypt to support the expansion and upgrade of the Alexandria West Waste Water Treatment Plant (WWTP).
The project involves increasing the capacity of the Alexandria West WWTP to match needs up to the year 2050 and upgrade the level of treatment at the WWTP from primary to secondary to improve the quality of effluent from the plant and contribute to the depollution of Lake Maryout as well as the Mediterranean Sea thus contributing also to the objectives of the Clean Oceans Initiative.