Thursday, November 27, 2014

Egypt: Bid deadline for controversial dam study extended - business - News -


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The deadline to submit technical and financial bids to conduct a study on Ethiopia’s controversial Nile River dam has been extended to mid-December, Egypt’s Irrigation Minister Hossam Moghazy disclosed Wednesday.Six international consultancy firms are expected to file bids for the study a statement from the Egyptian government quoted Moghazy as saying.
Three experts from the Nile countries of Egypt, Sudan and Ethiopia are tasked with reviewing the offers within 15 days before selecting the winner.
Later, a meeting by the three Nilotic countries slated for Khartoum in mid-January will settle for the best offers.
In August the three countries agreed in principle on mechanisms for deciding on the possible negative effects of Ethiopia’s controversial Grand Renaissance Dam which Egypt fears would affect its natural share of water from the River Nile.
Ethiopia had repeatedly argued that the dam project which it announced almost four years ago, would bring no harm to Egypt’s water security, a claim Cairo has dismissed as untenable.
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