A subsidiary of Mekorot – Israel's National Water Company inaugurated on Wednesday a 50 million Euro desalination plant in Limassol, Cyprus, that will be capable of providing local residents with between 40,000 and 60,000 cubic meters a day for the next 20 years.
Within the framework of an agreement with the Cypriot government's Cyprus Water Development department, Mekorot will be operating the facility through its subsidiary Mekorot Development and Enterprise. Initially, the desalination plant will supply local residents with 40,000 cubic meters of water daily, with the possibility of increasing that output to 60,000, according to the company. Despite the 50 million Euro construction cost, the operational turnover of the facility is expected to produce about 8 million Euros annually.
“In a challenging reality, in which many countries are facing an existing or expected shortage of water, the solutions which Mekorot has to offer are of great importance," said Mekorot CEO Shimon Ben-Hamo. "Israel and Cyprus, two countries small in size but large in their vision – prove that a disadvantage can be made into an advantage thanks to the common [desire for] a fruitful and prosper life."
http://www.jpost.com/National-News/Isra ... ant-322359
