August 4, 2008

Irrigation Sector Investments to Reach Le 23.1 Billion Until 2017

"The Ministry of Irrigation is adopting an all-out policy to be implemented until 2017 with the objective of achieving the utmost benefit of available water resources," said Water Resources and Irrigation Minister Mahmoud Abu Zeid Saturday 1/8/2008 during ameeting with Egyptian university youths at the Leaders Preparation Institute in Helwan. These Investments will be channelled into financing projects to be carried out as part of the plan, Abu-Zeid said. He underlined that his ministry backed the participation of the private sector in water resources management. The ministry also boosted cooperation mechanisms with the Nile Basin countries and Africa at bilateral and regional levels, he said. Meanwhile the Nile water level in Lake Nasser remained stable on Monday at 179.48 metres for the eighth straight day, according to High Dam and Aswan Reservoir General Authority.The Nile water level in the lake on the same day last year stood at 176.38 metres.

Originally published by Info-Prod Strategic Business Information.

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