Art. I Administratief Akkoord tussen het Koninkrijk der Nederlanden en Egypte inzake het project "Fayoum Drinking Water and Sanitation - Phase V"

1. The two Parties shall jointly execute a project to be known as the “Fayoum Drinking Water and Sanitation – Phase V”, hereinafter referred to as “the Project”. 2. The Project aims to empower the Fayoum Company for Drinking Water and Sanitation to improve coverage of water supply and sewerage services for the inhabitants of Fayoum, such that the number of house connections is increased by respectively, 40% and 200% in relation to current figures. The Fayoum Drinking Water and Sanitation Company shall also be capacitated to carry out its mission in a cost effective manner, and such that 85% of all collected waste water shall be adequately treated before discharging into recipient water bodies. The utility management model generated in Fayoum through the various phases of cooperation shall serve other water and sanitation companies in Egypt which encounter similar institutional and financial challenges. 3. The afore-mentioned cooperation between the two Parties is planned to last five years. Project implementation is planned as of January 1, 2007 and end December 31, 2011.

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