Israel's national water company Mekorot signed a first-of-its-kind work agreement with Azerbaijan Amelioration and Water Management OJSC, Report informs, citing Israelian media.
The agreement involves providing control and consulting services to the water company for Azerbaijani agriculture.
The agreement between the parties stipulates that Mekorot will create and design a master plan for the water sector for agriculture for the Azerbaijanis for several million shekels, with the possibility of expanding the agreement in the future.
Mekorot has indicated that the nature of the work will include an analysis of the current situation and water balances, a forecast of quantities and uses for the future and the construction of a 30-year plan.
Azerbaijan suffers from loss and depletion of water to a level of one billion cubic meters per year in some areas of the country. Israel company will prepare recommendations for efficiency, reduction of water depletion, use of advanced models for monitoring and maintenance as well as reduction of energy costs.
Mekorot provided access to some of its solutions promoted around the world through an innovation and technology unit.
The visit of Mekorot's management to Azerbaijan took place within the visit of a delegation led by Finance Minister Avigdor Lieberman.