01
Volumetric water charge
Primary cash engine. Charged per cubic metre delivered. Core income of the infrastructure company.
Presidential submission · September 2026
A sovereign water company. Farming stays with the lessees.
Until programme year 25 the water is taken mainly from Lake Nasser. From that year, seawater desalination is used extensively. By year 13 the old Nile valley irrigation schedule is fully modern. Crop sales stay with the lessees. The company earns a water charge, an 8% royalty and land lease.
The decreeSubmitted for Presidential Decree
Egyptian Mega Agriculture Corporation · Feasibility study G
Water at maturity
94.5bn m³
Wheat, peak year
72 Mt
Exports + import savings
€4.14tn
50 years
Accumulated cash
€28.1bn
Year 50, Charts series
Pipes, pumps and the augmentation system are the model’s ramp schedule. Augmentation is blank in year 1, and from year 14 the sheet follows the feddans. Delivered water is the P&L series: Lake Nasser through year 24, seawater desalination from year 25. The old-valley bar is complete in year 13.
Year
2034
202720522076
Pipes
3,500 km
Working pumps
52
Augmentation
52
Augmentation power
200 MW
Lake Nasser
29.4 bn m³
Seawater desalination
0.00 bn m³
Old valley, modern
62%
Delivered water
29.4 bn m³
Egyptian Mega Agriculture Corporation
National platform, not a farm
The project company builds conveyance, irrigation and land readiness. Lessees cultivate wheat, maize, cotton, sugar beet and soybean. Company cash flow is infrastructure income, not commodity trading.
Two contracted streams
Euro charges through Year 15. From Year 16, the equivalent amount in Egyptian pounds. Royalty fixed at 8%.
02
8% crop royalty + land lease
Fixed 8% of crop sale value. The same lines are framed as land-lease income. Crop proceeds stay with lessees.
The company owns
Pipelines, pumps, treatment, land rights and community systems. All modelled capex is water-system capex.
Held by lessees
Standing crop, inventory and offtake. Lessees fund cultivation, harvest, storage and sale.
Four parties
Project company
Owns water infrastructure and land rights. Collects charges, royalty and lease. Funds construction, operations and localisation.
Youth co-ops & farms
Lease prepared land. Cultivate and sell the five-crop mix. Keep crop proceeds; pay water, royalty and lease.
Sovereign Fund
Contributes land and rights. Receives an ongoing share from Year 2.
Equity & lenders
Owner draws and third-party equity from the ramp. Debt is staged against the pipe schedule.
National assessment
Recommended for Presidential Decree
Strategic importance
Excellent
Revenue model
Sound
Technical feasibility
Good
Cash-flow trajectory
Strong
Capital programme
Sovereign scale
Currency after Year 15
EGP equivalent
Construction analogue
Libya’s Great Man-Made River — how desert pipe is made, hauled and laid. Not this project’s sites, contracts or costs.
Feasibility study G · September 2026. Planning figures. Validate before capital commitment.