News / Infrastructure

Gov’t Successfully Finalizes EGP 8.5 bn Water Projects

The government successfully finalizes carrying out EGP 8.5 bn water projects which were halted three year ago, especially in New Cairo, 10th of Ramadan City and 6th of October City, Invest-Gate reports.

New Developments to Start in New Al-Alamein City

The government is planning the construction of residential towers and hotel buildings in New Al-Alamein City, Invest-Gate reports.

EUR 360 mn Allocated To Upgrade Alexandria Tram

Egypt is set to upgrade Alexandria’s oldest tram network at a total cost of EUR 360 mn, which the French Development Agency (AFD) will partially fund with EUR 100 mn, Invest-Gate reports.  

Egypt to Establish Solar Power Station, Factory for Producing Solar Panels from Silica Sand

The government is planning to establish a solar power station and factory to produce solar panels from silica sand, Invest-Gate reports.

US Companies Willing to Invest in Egypt’s Transportation Sector

US companies are willing to invest in Egypt’s transportation sector through developing railways, Invest-Gate reports.

EBRD Willing to Fund Sokhna-Alamein Railway Project

The European Bank for Reconstruction and Development (EBRD) is willing to fund the establishment of a railway line connecting Ain Sokhna, New City, 6th of October City and Alamein, Invest-Gate reports.

Several Developments in SCZone to be Finalized by June

Several industrial zones and developments are expected to be finalized by June 30 in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

SCZone, Saudi Arabia’s ASIC Partner to Develop Land Plots, Granite City

The Suez Canal Economic Zone (SCZone) Authority will be partnering with Saudi Arabia’s ASIC Capital to develop six mn square meters of land plots and a granite city spreading on an area of one mn square meters in the zone, Invest-Gate reports.

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.

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