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Mekorot looks to expand its activity in South America

  • Mekorot looks to expand its activity in South America

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Israel’s national water company, Mekorot, has signed various agreements in Argentina, with the aim of expanding its international consulting and planning activities to the water sector in South America, reports The Jerusalem Post.

Mekorot has closed agreements with five provinces - Catamarca, La Rioja, Rio Negro, Formosa and Santa Cruz worth approximately NIS 11 million (US$ 3 million). In the first three provinces, Mekorot will develop a master plan to help the provinces affected by the effects of climate change. In the other two provinces, Mekorot will serve as a controlling body to implement plans that have already been approved.

Mekorot Chairman Yitzhak Aharonovich led the delegation and said that the Israeli company sees the new contracts in Argentina as an opportunity to expand the firm’s operations in Latin America. He also added that Mekorot is currently working to promote further operations there. “The new engagement in Argentina is an expansion of the company’s operations abroad, following extensive activity in the field in 2022 with the signing of engagements in India, Azerbaijan and Morocco.

“Mekorot is already active in Bahrain and the Kingdom of Jordan, and the company heads intend to continue to develop its consulting and planning services to various countries, with the understanding that the climate crisis and the water shortage will accompany the various countries for many years to come,” he concluded.  

In 2022, Mekorot had signed two other contracts with the provinces of Mendoza and San Juan. Mekorot is now active in 30% of the country’s territory.

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