News / Infrastructure

New EGP 5 bn Touristic Project Launched in Port Said Governorate

Port Said Governor Adel El-Ghadban broke ground on a EGP 5 bn touristic project on October 28

Egypt Mulls BYD Monorail System

China-based carmaker BYD says it signed a memorandum of Understanding (MoU) with Egypt to build a SkyRail monorail transit system in Alexandria

Egypt to Start Construction of National Roads Project Phase III

The General Authority for Roads, Bridges and Land Transport (GARBLT) says it completed the blueprints for the third phase of the National Roads Project, set to be implemented immediately

Egypt Signs USD 1.24 bn Light Rail Deal with AVIC

Two Chinese state companies sign a USD 1.24 bn deal with Egypt to build a light rail system around Cairo, Xinhua reports.

Bombardier to Build Egypt’s New Metro Line with USD 4bn

Egypt is signing a memorandum of understanding with Canadian plane and train manufacturer, Bombardier Inc., to finance and construct Cairo’s sixth metro line, with an initial cost estimated at USD 4 bn, Invest-Gate reports.

Egypt Sees 13 Road and Service Projects worth EGP 756 mn in FY16/17

The Central Agency for Reconstruction has carried out new road and service projects in 12 governorates in the fiscal year 2016/2017, Invest-Gate reports.

Gov’t Implements Water, Sewage Projects Worth EGP 6.1 bn

Minister of Housing and Urban Development Mostafa Madbouly announces the operation and delivery of new water and sewage projects in 18 governorates, Invest-Gate reports.  

EBRD Supports Rail Modernisation in Egypt

Millions of commuters across Egypt will benefit from a 290-mn-euro agreement that the Egyptian government has signed with the European Bank for Reconstruction and Development to upgrade the Egyptian National Railways (ENR) services and expand its fleet, Invest-Gate reports

South Korea’s LG Chem Wins Egypt Desalination Plant Supply Deal

LG Chem, a South Korean company principally engaged in the manufacture of petrochemical materials, says it has been signed up by the UAE-based Metito as the sole supplier of reverse osmosis (RO) membranes for the upcoming seawater desalination plant that the global water treatment company is building in Port Said in Egypt, TradeArabia reports.

Egypt Inaugurates 1st Industrial Plastic Complex in Alex

Egypt inaugurates the first integrated industrial complex for plastics on a land plot spanning an area of 25 feddans, in order to encourage the establishment of more logistics and value-added institutions that help boost surrounding industrial zones, Invest-Gate reports.

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