Abdel-Dayem, SafwatBaietti, Aldo2012-08-132012-08-132008-06https://hdl.handle.net/10986/10604A 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.CC BY 3.0 IGOADVISORY GROUPAFFORDABILITYAGRICULTURAL SECTORBENEFICIARIESCAPITAL COSTSCASH FLOWCASH FLOWSCONJUNCTIVE USECONSTRUCTIONCOST RECOVERYCURRENCY RISKCURRENCY RISKSDEBTDEBT FINANCINGDEBT REPAYMENTDEPOSITDEPOSITSDEVALUATIONDEVELOPING COUNTRIESDISBURSEMENTDOMESTIC MARKETDRAINAGEEQUIPMENTEQUITY FINANCINGEXPLOITATIONFARMERSFINANCIAL ANALYSISFISCAL BURDENFIXED CAPITALFOOD PRODUCTIONFOREIGN CURRENCYFOREIGN CURRENCY DEBTFOREIGN EXCHANGEGROUNDWATERGROUNDWATER PUMPINGGROUNDWATER RESOURCESINFLATIONIRRIGATIONLOANLOAN FACILITYLOCAL CURRENCYLOCAL INVESTORSMATURITIESMATURITYPIPED WATERPRIVATE INVESTMENTPRIVATE INVESTORSPROFIT MARGINPUBLIC-PRIVATE PARTNERSHIPPUBLIC-PRIVATE PARTNERSHIPSPUMPINGPUMPING EQUIPMENTRAPID DEVELOPMENTRESERVESRESPONSIBILITIESRISK EXPOSURERISK FACTORSSENIORSTAKEHOLDERSSURFACE WATERTECHNICAL ASSISTANCETECHNICAL SPECIFICATIONSTRANSACTIONUNIONWATER CONSERVATIONWATER QUALITYWATER RESEARCHWATER USEWorld Bank10.1596/10604