Water resources management in modern Egypt water management in Egypt begins with the construction of the Old Aswan Dam in 1902 and barrages on the Nile in the 19th and early 20th century. The Old Aswan Dam partially stored the waters of the Nile to allow the growing of multiple crops per year in the Nile Delta, while the barrages raised the water level of the Nile so that water could be diverted into large irrigation channels running in parallel to the river. The water regime of the river was changed fundamentally in 1970 when the Aswan High Dam was completed, eliminating the annual Nile flood.
Aswan Dam High Dam has resulted in protection from floods and droughts, an increase in agricultural production and employment, electricity production, and improved navigation that also benefits tourism. Conversely, the dam flooded a large area, causing the relocation of over 100,000 people. Many archaeological sites were submerged while others were relocated. The dam is blamed for coastline erosion, soil salinity, and health problems. The assessment of the costs and benefits of the dam remains controversial decades after its completion. According to one estimate, the annual economic benefit of the High Dam immediately after its completion was E£255 million, $587 million using the