The Western Desert in Egypt – CC via Wikimedia Commons/Ahmed Magdy
CAIRO – 20 October 2017: The Western Egypt development project was launched by President Abdel Fatah al-Sisi in July during the Fourth National Youth Forum in Alexandria. It will be the second development project in the area beside the new Alamein city.
The project will take place on 250,000 feddans (one feddan = 1,025 acres), with 50 kilometers on the Mediterranean coast into Matrouh Governorate, costing $10 billion.
It will be executed on three phases and completed after 10 years. The first phase will be finished within two years with a cost of $2 billion.
The plan includes an investment zone at Gergoub area, a commercial port, passengers quay, economic and tourist centers, urban agglomerations, logistics center, an industrial zone and a big fisheries complex.
The project is expected to create 25,000 direct jobs and hundreds of thousands of indirect ones, in addition to leasing opportunities from investments.
A committee from the Egyptian Survey Authority has been assigned to write a report, within a month, on the lands and buildings that need to be taken from some citizens so as to develop a compensation plan.