Transferring Seawater to the Central Plateau Is Costly; Industries Should Be Located on the Coast

The head of the Water, Agriculture and Environment Affairs at the Plan and Budget Organization, stressing the need to review the financing model for water transfer projects, said high inflation, prolonged project timelines and long-term guaranteed water purchase commitments have seriously challenged previous financial models, and alternatives must be carefully examined before imposing new commitments.

The head of water, agriculture and environment affairs of the country's program and budget organization emphasized the need to review the financing model of water transfer projects and said: high inflation, lengthening of the project implementation period and long-term obligations of guaranteed water purchase have seriously challenged the previous financial models and it is necessary to carefully examine alternative options before imposing new obligations.