Industry news
Hungarian companies to supply a quarter of a million people with drinking water around Lake Victoria
An agreement has been reached under which Hungarian companies will use world-class technologies to provide safe drinking water to nearly a quarter of a million people in the Lake Victoria area of Tanzania, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Dar es Salaam on Monday.
According to a ministry statement, the minister said at a joint press conference with his Tanzanian counterpart Mahmoud Tabit Kombo that the agreement had been finalised, under which Hungarian companies will use the world's most advanced water purification technology to provide safe drinking water for nearly a quarter of a million people in the Lake Victoria area.
World class
"The world-class Hungarian water management technology will be used to extract water from Lake Victoria, purify it, transport it some 40 kilometres away and transport it over hundreds of metres of elevation change to two safe reservoirs"
- said.
"This requires truly world-class technology, which Hungarian companies can provide. The investment will amount to USD 55 million, financed through a tied aid loan programme, and we will sign a contract with the Tanzanian government soon. This is the most important milestone, more significant than any previous development in the history of our bilateral economic cooperation," he added.
Hungarian knowledge capital would also contribute to Tanzania's future in higher education
Mr.Szijjártó then stressed that Tanzania's goal is also innovation, technological development, and the ever-wider introduction of digital and green technologies, and the agreements just signed will ensure that the Hungarian MeOut Group will play a significant role in capacity building and the modernization of the country's higher education system.
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