infrastructure projects
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Infrastructure
Egypt Targets EGP 134.2 bn Seawater Desalination Plants
Tuesday, 1 September 2020
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said merely EGP 134.2 bn are planned for investment to build several seawater desalination plants nationwide, in response to a possible water crisis.
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Government
Gov’t Builds 437,000 Housing Units in 2019: Minister
Thursday, 2 January 2020
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 437,000 housing units have been implemented in 2019, varying between social, middle-income, and luxurious properties.
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Developers
Hassan Allam Holding Wins ‘Infrastructure Project of the Year’ Award
Monday, 21 October 2019
Hassan Allam Holding's (HAH) Al-Mahsama Irrigation Drain Water Treatment Plant in Sinai was named the "Infrastructure Project of the Year" at Dubai's 2019 Construction Innovation Awards, which recognizes the achievements of the region’s construction professionals
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Government
Six Provinces to See EGP 113.3 mn Infrastructure Development Projects
Sunday, 14 July 2019
Prime Minister Mostafa Madbouly has witnessed the signing of six agreements for implementing multiple labor-intensive infrastructure projects, aimed at developing six different provinces across Egypt, with investments amounted at EGP 113.3 mn.
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Government
World Bank Contribute USD 1.3 bn to Housing Ministry Projects
Thursday, 4 April 2019
The Egyptian housing ministry has confirmed that the World Bank (WB) contributions to the first phase of the state's social housing project and the first phase of the sustainable sanitation program stand at USD 500 mn each.
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Government
Madbouly Visits New Alamein for Latest Updates
Sunday, 10 February 2019
Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly revealed on February 9 that 15 41-story residential towers are currently under construction in New Alamein's coastal towers area.
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Infrastructure
Egypt, China Ink Deal to Fund USD 1.2 bn Electric Train Project
Wednesday, 2 January 2019
The Egyptian Transportation Ministry has signed a USD 1.2 bn loan agreement with Export-Import Bank of China (EXIM) to fund an electric train project that will make commuting across major areas much easier.
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Investment
OIH’s Subsidiary to Continue Operating in North Korea
Monday, 31 December 2018
Orascom Investment Holding (OIH) has sought an exemption from the Security Council to operate its subsidiary Koryolink venture in North Korea, which excludes it from a ban on foreign investment in the country.
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Developers
Orascom Construction Adds USD 520 mn to its Backlog in Q3
Monday, 5 November 2018
Egypt's Orascom Construction revealed on November 5 that it added USD 520 mn of new awards to its backlog in Q3 2018, of which Egypt accounts for about 60% of the new awards, while the US represents the remainder
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Infrastructure
Mauritius Eyes Collaboration With Egypt in Infrastructure Projects
Wednesday, 10 October 2018
Mauritius' Minister of Public Infrastructure and Land Transport Nandcoomar Bodha stated that his country has projects in the infrastructure sector with investments of nearly USD 2 bn, declaring his desire to cooperate with Egyptian construction companies to implement tunnels, similar to the Suez Canal tunnels, in his country
Latest News
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Prime Minister Follows up on Projects' Implementation in NAC
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City Edge Opens Zahya Beach in Summer 2022 in New Mansoura City
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Urbanlanes Kicks off East Lane Project with EGP 2 bn Investments
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Al Naser Developments to Kick off 2nd Project in NAC
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Last Modified January 3, 2022