Egypt Water Report Q1 2014
We believe that Egypt's continued state of unease is likely to affect the development of the water sector. In particular, we believe that despite the public's vocal desire for better services and water access, funds will continue to remain limited which will hamper the overall development of the existing water infrastructure. Egypt remains politically and economically unsettled and this is likely to affect the water sector in various ways: on the one hand funds are limited; however, on the other there is a great deal of public pressure on the government to ensure the provision of basic affordable amenities like drinking water. Further pressures stem from the continuing international debate over Ethiopia's damn project which would threaten Egypt's Nile resources. BMI is confident that the short-term future of the water market remains secure and lucrative - yet the long-term future of the nation remains precarious, and increasingly dependent on fickle foreign investment and resources.