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GOLDBERG PROSHAN & Co. News
November 2010

Water Desalination Plants in Israel


The water sources in Israel are in a serious depletion for a long period.
The balance of water in our country is always negative. Every year, during the last years, we consume more water than we get from rain or pumping.
Israeli governments were concerned by this issue and tied to find an appropriate solution.
During the last five years the Israeli's authorities took action in order to increase the water sources by construction of desalination facilities of sea water.
During the Nineties, it was decided to create 400 million cubic meters of desalinated water each year. Later on the quantity was increased to 505 million, and during 2008 the target capacity was increased once more to 750 million cubic meters per year, till 2020.
As of 2010 Israel desalinates approx. 215 million cubic meters per year which means approx. 33% of the domestic consumption of drinking water.
As of 2010 the major desalination plants which exist or in a construction process are as follow:

Location
Capacity in millions Cubic meters
year of operation
 
 
Ashkelon
120
2005
Hadera
127
2010
Sorek
150
In a construction process
Ashdod
100
In a testing process
Palmahim
45
2007

Our firm is an auditor of a Governmental company which deals with such activities in Israel and abroad.

B.O.T.\ P.F.I arrangements

The construction of these plants is made according to B.O.T (Build, Operate, Transfer) through P.F.I (Private Finance Initiative) arrangements; in which 3 main factors are involved:
·The Governmental sector
·The finance entity
·The operator- the private sector

 

Goldberg Proshan & Co
Yavne Tower
31 Yavne Street
Tel Aviv 65792
Phone: (+972 3) 710 6106
FAX: (+972 3) 560 1056
E-Mail: amos@goldpro.co.il
Contact Partner: Amos Proshan

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