Thursday, May 14, 2020

Israel's water dilemma

After more than a year of uncertainty and transitional government, Israel succeded in forming a strong coalition led by Bibi Netaniyahu, supported by 75 (of the total of 120) Knesset members.

We had the honor of the visit of the American Secretary of State, Mr Pompeo. I suspect he came to forbid Israel to hire the Chinese firm Hutchinson to build and operate and own the Soreq Desalination Plant Phase B, planned to be the world's largest. The PPP licitation was published two years ago and is managed by the Hashav HaClali, the budget management arm of the Ministry of Treasure. The firms that have submitted offers are SUEZ (French), PMEC (Chinese), GES +Hutchinson (Israeli+Chinese) IDE+ACCIONA (Israeli-Spanish) and the WPI+AQUALIA partnership (Israeli-Spanish). I presume that Hutchinson is the cheapest, the best and provide financing. But America under Trump is fighting China's growing influence, and in this very serious world war, we are America's inconditional ally.  So there is no water dilemma at all. Viva Espana! and welcome to the EIB - European Investment Bank.

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