A Demand-Driven Design for Irrigation in Egypt : Minimizing Risks for Both Farmers and Private Investors
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World Bank, Washington, DC
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A new type of irrigation project,
designed for the West Delta region of the Arab Republic of
Egypt, promises to usher in an era of cost recovery and
sustainable operation and maintenance. The project, which
emphasizes involving private investors and the farming
community, deploys several innovative mechanisms, such as a
strategy to mitigate demand, commercial, and currency risks.
Unlike the centrally planned projects of the past, this one
is demand driven. The focus is on developing an irrigation
network with features that farmers want and are willing to
pay for.
Palabras clave
ADVISORY GROUP, AFFORDABILITY, AGRICULTURAL SECTOR, BENEFICIARIES, CAPITAL COSTS, CASH FLOW, CASH FLOWS, CONJUNCTIVE USE, CONSTRUCTION, COST RECOVERY, CURRENCY RISK, CURRENCY RISKS, DEBT, DEBT FINANCING, DEBT REPAYMENT, DEPOSIT, DEPOSITS, DEVALUATION, DEVELOPING COUNTRIES, DISBURSEMENT, DOMESTIC MARKET, DRAINAGE, EQUIPMENT, EQUITY FINANCING, EXPLOITATION, FARMERS, FINANCIAL ANALYSIS, FISCAL BURDEN, FIXED CAPITAL, FOOD PRODUCTION, FOREIGN CURRENCY, FOREIGN CURRENCY DEBT, FOREIGN EXCHANGE, GROUNDWATER, GROUNDWATER PUMPING, GROUNDWATER RESOURCES, INFLATION, IRRIGATION, LOAN, LOAN FACILITY, LOCAL CURRENCY, LOCAL INVESTORS, MATURITIES, MATURITY, PIPED WATER, PRIVATE INVESTMENT, PRIVATE INVESTORS, PROFIT MARGIN, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, PUMPING, PUMPING EQUIPMENT, RAPID DEVELOPMENT, RESERVES, RESPONSIBILITIES, RISK EXPOSURE, RISK FACTORS, SENIOR, STAKEHOLDERS, SURFACE WATER, TECHNICAL ASSISTANCE, TECHNICAL SPECIFICATIONS, TRANSACTION, UNION, WATER CONSERVATION, WATER QUALITY, WATER RESEARCH, WATER USE