Description

Recently MENA desalination plants market has expanded at fast pace. The growth has been driven by increasing industrialization of economies, and investment boom in real estate sector particularly GCC region. Governments and planning agencies in the region are facing huge challenge of meeting the soaring water demand. While in GCC countries the demand has been rising due to growing population, improving lifestyle, and huge quantum of investments flowing into various sectors of economy; in North Africa it is driven by recent drought conditions and chronic water shortages prevalent in some regions of these countries. Accordingly there has been increase in the number of Build Own Operate (BOO), Build Own Operate & Transfer (BOOT) contracts.