Merowe Dam Egypt decided to control the flow of Nile water that reached its own territory by building a dam and creating a reservoir —the Aswan Dam and Nasser Lake. The Sudan military government under President Nimeiri revived the plan in 1979, now with the intention of producing hydroelectricity for Sudan's rising demand. The following decade saw international industry and planning offices busy, producing a total of four feasibility studies [1 - Coyne et Bellier, 1979 / Gibb, Merz & McLellan, GB, 1983 / Sweco, SE, 1984 / Monenco Consultants Ltd., CA, 1989]. However, insufficient funding and lack of investor interest effectively
Aswan Dam exchange rate in 1970 of $2.30 per E£1): £140 million from agricultural production, £100 million from hydroelectric generation, £10 million from flood protection, and £5 million from improved navigation. At the time of its construction, total cost, including unspecified "subsidiary projects" and the extension of electric power lines, amounted to £450 million. Not taking into account the negative environmental and social effects of the dam, its costs are thus estimated to have been recovered within only two years. One observer notes: "The impacts of the Aswan High Dam (...) have been overwhelmingly positive. Although the Dam has contributed to some