News / Construction

South Korea’s GS Establishing Largest Petrochemicals Factory in Egypt

South Korea’s conglomerate GS is establishing the largest petrochemicals factory in Egypt at a total cost of USD 3.7 bn, Invest-Gate reports.

China’s CRBC Willing to Invest in Egypt’s Transport Projects

China Road and Bridge Corporation is willing to invest in Egypt’s transport projects, especially in the construction of a multi-purpose terminal in the port of Safaga, Invest-Gate reports.

New Residential Plan to Demolish Cairo Slums

The Cairo governorate will launch 13 residential projects as part of a national plan to demolish slum areas in the capital, Invest-Gate reports.

Madbouly Withdraws Construction Tender of Sheikh Zayed’s Central Park from Contracting Firm

Minister of Housing Mostafa Madbouly is withdrawing the construction tender of a central park in Sheikh Zayed from a contracting company, Invest-Gate reports.

Egypt Inaugurates Juhaina West on April 29

The government is to inaugurate Juhaina West village on April 29 as part of a joint initiative aimed at reconstructing the neediest villages, Invest-Gate reports.

Gov’t Opens Water Plant in New Cairo After 10 Years of Construction Works

The government opens a new water station in New Cairo after 10 years of construction works, Invest-Gate reports.

Gov’t Opens Integrated Lab For Quality Assurance in New Aswan

The government is opening a new integrated laboratory to test and monitor the quality of roads in New Aswan city, Upper Egypt, Invest-Gate reports.

New Cement Plant Established in Sohag

The Egyptian Steel and Cement Company will build a new cement plant worth EGP 6 bn in the Upper Egyptian governorate of Sohag, Invest-Gate reports.

Swiss-Belhotel Signs Agreement with Marseilia to Manage New Hotel

The global hotel management company Swiss-Belhotel International has signed an agreement with Marseilia Egyptian Gulf Real Estate Investment to operate a new hotel in Sidi Abd El Rahman Bay on the north coast of Egypt, Invest-Gate reports.

Gov’t to Build 10 New Commercial Markets in New Sohag City

The government is due to build 10 new commercial markets in New Sohag City, Southern Egypt as part of the the government-run residential project Dar Misr for middle-income citizens, Invest-Gate reports.

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