News / Infrastructure

AIIB To Fund Egypt’s Basic Infrastructure

The Asian Infrastructure Investment Bank (AIIB) is planning to fund a variety of basic infrastructure projects worth USD 10 to 15 bn annually over a period of five to six years in countries within the bank’s operations, including Egypt, Invest-Gate reports.

Areas in New Cairo, 6th of October City, Obour to be Developed

New developments will be constructed in 6th of October City, New Cairo, and Obour City located on the outskirts of the capital, Invest-Gate reports.

Facilities Projects, Service Buildings Underway at New Cities

Facilities projects are underway in New Minya and service buildings are to be constructed in 6th of October City and New Damietta, Invest-Gate reports.

Gov’t Applies New Electronic System to Improve Suez Canal Maritime Services

A new electronic system will be applied in the Suez Canal Development Project to improve maritime services offered to passing ships, Invest-Gate reports.

Gov’t to Develop 14 Low-Cost Buildings in Beni Sueif, Complete Two Sewage Stations

The government plans to develop and upgrade 14 low-cost buildings as well as complete the establishment of two sewage lifting stations in New Beni Sueif governorate, southern Egypt, Invest-Gate reports.

33 Water Projects worth EGP 3 bn To Be Completed in Cairo, Alex.

A total of 33 drinking water and sanitation projects worth EGP 3.073 bn will be completed in Greater Cairo and Alexandria by June 30, Invest-Gate reports.

Construction Projects Under Way in New Sohag City

Egypt's southern city of New Sohag is now carrying out major developmental projects, including a new water station worth EGP 180 mn, commercial markets and other infrastructure projects, Invest-Gate reports.

Egypt, China Sign USD 71 mn Deals to Launch Egypt Sat II, Training Center in SCZ

Egypt and China sign deals worth USD 71 mn to finance the second phase of establishing Egypt Sat II project and setting up a vocational training center in the Suez Canal Economic Zone, Invest-Gate reports.

WB Grant Obtained For Health Units Across Five Cities

The Ministry of Health gets hold of USD 75 mn, the first portion of the World Bank (WB) grant, to support 1,140 health units in Qena, Souhag, Assiut, Minya and Beni Sueif

Heliopolis Hydraulic Garage to Launch in August

The first phase of Egypt’s first underground hydraulic garage, Roxy Parking, is to be completed in August

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